Yom+Kippur+War+and+the+OPEC+oil+embargo

Yom Kippur War 2. Outcome 3. OPEC Oil Embargo ||
 * 1. When/What

**October, 1973** Anwar Sadat, Nasser’s successor, wanted to lead a sneak attack on Israel. Previously, Nasser warned Israel that Egypt was going to attack, and Sadat did wasn’t going to make the same mistake. Aided by Syria and Iraq, Egypt organized their attack to occur on the day of Yom Kippur (a religious Israel holiday). Initially, the Arabs made excellent progress, advancing dangerously enough for the U.S.A to intervene and send aid to Israel. With their assistance, Israel repelled the attacks. By the end of the war, the Arabian and Israelite frontiers had hardly altered. = = =** Outcome **=

At the end of the war, the frontiers between Israel and the Arabs remained basically, unchanged. After the fighting, Wester powers pushed hard for a settlement in the Middle East because they were dependent on the region's oil.

OPEC Oil Embargo


 * Organization of Petroleum Exporting Countries ** raised it's prices up to 70%

the Yom Kippur War. This crude price affair was called the Arab Oil Embargo.

However, it only lasted five months. This drastic price change caused the world to

face some serious economic issues, because the industrialized world was

accustomed to cheap oil prices. In the following two years, oil priced quadripled.

sources: Student workbook by: Olivia W