OPEC launches oil boycott and price increases
Citations (1)
- Killing Hope: U.S. Military and CIA Interventions Since World War II pp. 335-337 · open book
In 1973, when OPEC, led by Saudi Arabia,used substantial price increases and an oil boycott in an attempt to force Washington to influence Israel into withdrawing from its recently occupied territories, the United States did not launch, or even threaten, an invasion.