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1973 oil crisis
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1973 oil crisis

OAPEC petroleum embargo

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💡 Information Card

# **Organization Card: OAPEC Petroleum Embargo**


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**Who / What**

The **OAPEC Petroleum Embargo** refers to the collective oil embargo imposed by the **Organization of Arab Petroleum Exporting Countries (OAPEC)** in response to U.S. and other Western support for Israel during the 1973 Yom Kippur War.


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**Background & History**

Founded in 1968, the **Organization of Arab Petroleum Exporting Countries (OAPEC)** was established by a group of Arab oil-producing nations—including Saudi Arabia, Kuwait, Iraq, and others—to coordinate their energy policies. The embargo emerged as a direct consequence of Western military aid to Israel after Egypt and Syria launched a surprise attack in October 1973, seeking to reclaim territories lost during the Six-Day War (1967). Led by Saudi Arabia’s King Faisal, OAPEC targeted countries that had supported Israel, including the U.S., Japan, Canada, the UK, Netherlands, and later expanded to Portugal, Rhodesia, and South Africa.


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**Why Notable**

The embargo triggered the **1973 Oil Crisis**, a global economic disruption that led to fuel shortages, skyrocketing prices, and widespread inflation. It reshaped geopolitics by exposing Western dependence on Middle Eastern oil, prompting energy diversification efforts in many nations. The crisis also accelerated the formation of alternative energy policies and spurred discussions about strategic alliances beyond traditional military ties.


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**In the News**

While the embargo itself ended in 1974 after diplomatic pressure, its legacy persists as a defining moment in modern geopolitics. Today, it serves as a cautionary tale about energy security, influencing global policies on sanctions, trade agreements, and climate change mitigation. The crisis remains a key reference point for discussions on oil dependency and the role of regional conflicts in international affairs.


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**Key Facts**

  • **Type:** Organization (later event: embargo)
  • **Also known as:**
  • *Organization of Arab Petroleum Exporting Countries* (OAPEC)
  • *Arab Oil Embargo*
  • **Founded / Born:** 1968 (as OAPEC; embargo implemented in 1973)
  • **Key dates:**
  • **October 1973:** Yom Kippur War begins → OAPEC announces embargo.
  • **November 1973–March 1974:** Embargo enforced against targeted nations.
  • **1974:** Embargo lifted after diplomatic negotiations.
  • **Geography:**
  • Headquarters: **Riyadh, Saudi Arabia** (OAPEC’s original seat).
  • Targeted countries: Primarily Western nations (U.S., UK, Japan, etc.).
  • **Affiliation:**
  • Member states: Saudi Arabia, Kuwait, Iraq, Venezuela, Qatar, UAE, Libya, Algeria, Bahrain, Oman (originally; expanded later).

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    **Links**

  • [Wikipedia – OAPEC](https://en.wikipedia.org/wiki/Organization_of_Arab_Petroleum_Exporting_Countries)
  • Sources

    📌 Topics

    • Energy Crisis (2)
    • Economic Impact (2)
    • Foreign Policy (1)

    🏷️ Keywords

    OPEC embargo (2) · Richard Nixon (1) · 1973 energy crisis (1) · Yom Kippur War (1) · Oil crisis (1) · Strategic Petroleum Reserve (1) · Energy conservation (1) · 1973 oil crisis (1) · gasoline shortages (1) · energy conservation (1) · stagflation (1)

    📖 Key Information

    In October 1973, the Organization of Arab Petroleum Exporting Countries (OAPEC) announced that it was implementing a total oil embargo against countries that had supported Israel at any point during the 1973 Yom Kippur War, which began after Egypt and Syria launched a large-scale surprise attack in an ultimately unsuccessful attempt to recover the territories that they had lost to Israel during the 1967 Six-Day War. In an effort that was led by Faisal of Saudi Arabia, the initial countries that OAPEC targeted were Canada, Japan, the Netherlands, the United Kingdom, and the United States. This list was later expanded to include Portugal, Rhodesia, and South Africa.

    📰 Related News (2)

    🔗 Entity Intersection Graph

    Oil crisis(1)Strategic Petroleum Reserve(1)Richard Nixon(1)Yom Kippur War(1)1973 oil crisis

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