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OPEC slapped an oil embargo on nations that supported Israel during the Yom Kipp
Featured Event 1973 Event

October 17

OPEC Shuts Oil: Global Crisis Reshapes Geopolitics

OPEC slapped an oil embargo on nations that supported Israel during the Yom Kippur War, triggering a global energy crisis that sent prices soaring and exposed Western dependence on Middle Eastern fuel. This shock forced immediate shifts toward alternative energy sources and reshaped geopolitical alliances for decades to come.

October 17, 1973

53 years ago

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