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26 April, 00:56

The oil embargo of 1973 landing US economy into a recession. T or F

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  1. 26 April, 01:36
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    True.

    Explanation:

    The oil boycott of the Arab members of the OPEC led to a recession in the United States in 1973. It was a reaction to the American military and diplomatic support to Israel during the Yom Kippur War, the last Arab-Israeli conflict that Israel won against its old enemies Syria and Egypt, which had launched a coordinated attack on October 6, 1973. The embargo was against the US, Japan, Canada, the Netherlands and the UK.
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