The embargo triggered the 1973 oil crisis, producing fuel shortages, spiking prices, and prompting major shifts in U.S. energy policy and economic planning.
On October 17, 1973, the Organization of Arab Petroleum Exporting Countries (OAPEC) announced an oil embargo against nations perceived as supporting Israel in the Yom Kippur War, including the United States.
The embargo triggered the 1973 oil crisis, producing fuel shortages, spiking prices, and prompting major shifts in U.S. energy policy and economic planning.
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Trump defended his tariff policies during a rally while announcing that Audi will build a new plant in the U.S.
Trump defended his tariff policies during a rally, highlighting a new Audi plant in the U.S.
Trump announces the lifting of certain tariffs on Canadian goods.
The Trump administration announced the lifting of certain tariffs on Canadian goods.