The Effects of the Unstable Relations Between the Organization of Arab Petroleum Exporting Countries and the United States of America After the 1973 Oil Crisis
Introduction
The ongoing Arab-Israeli conflict that began after the land that was formerly known as Palestine, had been taken away to create a Zionist state known as Israel that declared its independence on May 14, 1948, has lead to many different kinds of events between Arab countries and Israel in the past and until the day today.
One of the events that had become a huge issue in the past was the oil crisis in 1973, which will be the main issue on how and why it caused the unstable relationship between the United States of America and the Organization of Petroleum Exporting Countries.
This paper will try to outline and describe why the oil crisis of 1973 happened and if there where any other factors apart from the embargo on the United States of America done by the members of Organization of Arab Petroleum Exporting Countries (OAPEC), that caused the United States of America to go into the period of experiencing a economic crisis in 1973. And the effect it had on the relationship between the United States of America and the Organization of Arab Petroleum Exporting Countries (OAPEC) that became unstable after the oil crisis of 1973.
Background
But in order to understand the main cause of the oil crisis, the history must be known first. It was caused by the fact that Arab states refused to acknowledge Israel as an independent state, so the Arabs began to launch efforts to recapture the land that they felt was rightfully theirs. This created the Suez-Sinai War in 1956, where Britain and France where sided with Israel in order to punish President Nasser of Egypt for nationalizing the Suez Canal. As the strong Israeli military was able to quickly defeat the Arabs, the Arabs responded by uniting with other Arab countries to try and defeat the Israelis, what was called the Six-Day War in 1967, but it made the Israeli being able to claim much more land, and force the Arabs to retaliate. However this established the Organization of Arab Petroleum Exporting
The ongoing Arab-Israeli conflict that began after the land that was formerly known as Palestine, had been taken away to create a Zionist state known as Israel that declared its independence on May 14, 1948, has lead to many different kinds of events between Arab countries and Israel in the past and until the day today.
One of the events that had become a huge issue in the past was the oil crisis in 1973, which will be the main issue on how and why it caused the unstable relationship between the United States of America and the Organization of Petroleum Exporting Countries.
This paper will try to outline and describe why the oil crisis of 1973 happened and if there where any other factors apart from the embargo on the United States of America done by the members of Organization of Arab Petroleum Exporting Countries (OAPEC), that caused the United States of America to go into the period of experiencing a economic crisis in 1973. And the effect it had on the relationship between the United States of America and the Organization of Arab Petroleum Exporting Countries (OAPEC) that became unstable after the oil crisis of 1973.
Background
But in order to understand the main cause of the oil crisis, the history must be known first. It was caused by the fact that Arab states refused to acknowledge Israel as an independent state, so the Arabs began to launch efforts to recapture the land that they felt was rightfully theirs. This created the Suez-Sinai War in 1956, where Britain and France where sided with Israel in order to punish President Nasser of Egypt for nationalizing the Suez Canal. As the strong Israeli military was able to quickly defeat the Arabs, the Arabs responded by uniting with other Arab countries to try and defeat the Israelis, what was called the Six-Day War in 1967, but it made the Israeli being able to claim much more land, and force the Arabs to retaliate. However this established the Organization of Arab Petroleum Exporting