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  • 30-04-2021
  • History
contestada

how was the oil crisis resolved?

Respuesta :

AshleyBlancoVanegas AshleyBlancoVanegas
  • 05-05-2021

Answer:

The embargo ceased US oil imports from participating OAPEC nations

Explanation:

began a series of production cuts that altered the world price of oil. These cuts nearly quadrupled the price of oil from $2.90 a barrel before the embargo to $11.65 a barrel in January 1974.

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