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Browse: Home / KNOWLEDGE / International

What did Libya do in 1970 that brought OPEC to the attention of the industrial world?

Gabe: What did Libya do in 1970 that brought OPEC to the attention of the industrial world?
All I could find was something about a revolution in Libya in 1969, and of course the oil embargo of 1973. Is this something like that?

Answers and Views:

Answer by muscle
You’re probably thinking about the 1973-74 decision by Arab oil-producing states within OPEC (the Organization of Petroleum Exporting Countries) to withhold their oil supplies from the world market. this was in response to Western, especially US, support to Israel during the October 1973 mid-east war, the so-called Yon Kippur War. Libya, a major oil producer, was on of the participants in that action.

Answer by Rocky
I agree with muscle’s answer.

Answer by Ashly
I thinks it’s one of Gaddafi tricks on the Mid-East.

God Knows

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