History, 16.10.2019 05:40 unicornsflyhigh

In 1973, arab nations placed an oil embargo on the united states due to its support of israel in the arab-israeli conflict. how did this embargo affect the u. s. economy? a. it greatly increased the use of natural gas and gave the economy a boost. b. it drastically raised energy prices and brought about a shortage of gasoline. c. it gave the united states a chance to find its own oil and reduce dependency on imports. d. it forced the united states to find another energy source in order to stabilize the economy.

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In 1973, arab nations placed an oil embargo on the united states due to its support of israel in the...