The OPEC Embargo

The OPEC Embargo
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  • Nixon
  • The OPEC Embargo By: Jason Carrillo
  • Arab OPEC members
  • Israel
  • Israel, you now have full support   from the U.S. on your war
  • Nixon Helps Israel in  Arab-Israeli War (1973)
  • Thank you for the material assistance
  • Arab OPEC members find out about U.S. involvement with Israel
  • Why did you help Israel?!!!
  • Easy, to gain leverage in post-war peace negotiations
  • We have decided to impose an oil embargo, in retaliation for your decision to help Israel
  • Arab OPEC members find out about U.S. involvement with Israel
  • OH NO!!
  • What am I going to do now! For this mistake, not only is the U.S. in trouble, but I have created a global unbalanced economy. 
  • The 1973 Oil Embargo acutely strained a U.S. economy that had grown increasingly dependent on foreign oil.
  • Effects in the U.S.
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