Responses
It led other countries to abandon oil for other sources of energy.
It led other countries to abandon oil for other sources of energy.
It led to a sharp rise in prices and a severe recession.
It led to a sharp rise in prices and a severe recession.
It led the U.S. and its allies to use force to get oil moving again.
It led the U.S. and its allies to use force to get oil moving again.
It led Western powers like the U.S. to abandon their support for Israel.
It led Western powers like the U.S. to abandon their support for Israel.
1 answer
The statement that best describes how the Arab Oil Embargo affected the rest of the world is:
It led to a sharp rise in prices and a severe recession.
The Arab Oil Embargo of 1973 significantly impacted global oil prices, leading to economic turmoil and recessions in many countries, particularly in the West.
