Arab oil embargo

E154068

The Arab oil embargo was a 1973–1974 petroleum export restriction by Arab members of OPEC that triggered a global energy crisis and reshaped international economic and political relations.

All labels observed (2)

Label Occurrences
Arab oil embargo canonical 1
OPEC oil embargo 1

How this entity was disambiguated

Statements (58)

Predicate Object
instanceOf energy crisis
international crisis
oil embargo
alsoKnownAs 1973 oil crisis
1973 oil crisis
surface form: Arab oil crisis
appliesToJurisdiction Canada
Japan
Netherlands
Portugal
South Africa
United Kingdom
United States of America
surface form: United States

Western Europe
country Algeria
Iraq
Kuwait
Libya
Qatar
Saudi Arabia
United Arab Emirates
effect development of strategic petroleum reserves
expansion of Alaskan oil production
expansion of North Sea oil production
fuel shortages
gasoline rationing
global energy crisis
increased interest in energy conservation
inflation in importing countries
introduction of daylight saving time extensions in some countries
long lines at gas stations
oil price shock
recession in many industrialized countries
reduced speed limits in the United States
shift toward nuclear power in some countries
stagflation in the 1970s
strengthening of OPEC influence on world oil markets
endTime 1974-03
follows Yom Kippur War
hasCause Western support for Israel in the Yom Kippur War
hasTheme Arab–Western relations
geopolitics of oil
resource nationalism
imposedBy Organization of Arab Petroleum Exporting Countries
influenced Corporate Average Fuel Economy standards in the United States
Energy Policy and Conservation Act
surface form: U.S. Energy Policy and Conservation Act of 1975

Western foreign policy toward the Middle East
creation of the International Energy Agency
debates on energy independence in importing countries
location global
mainSubject oil prices
petroleum exports
participant European Economic Community
Japan government
OPEC
United States government
significantEvent 1973–1974 stock market downturn
quadrupling of posted oil prices
startTime 1973-10

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Yom Kippur War consequence Arab oil embargo
1973 oil crisis triggeredBy Arab oil embargo
this entity surface form: OPEC oil embargo