OPEC oil ministers agree to use oil weapon in Arab-Israeli War
Time: Wednesday Oct 17, 1973
Place: Vienna, Austria
Details: OPEC oil ministers agree to use the oil weapon in the Arab-Israeli War, mandate cut in exports, and recommend embargo against unfriendly states.
‹ Earlier in historyArab oil producers cut production by 5% and instituted an oil embargo against Israel's alliesWednesday Oct 17, 1973 Later in history ›Saudi Arabia, Libya, and other Arab states proclaim an embargo on oil exports to the United StatesOct, 1973
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