What happened as a result of the October (Yom Kippur) War in 1973? a. OPEC was first
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Question:
What happened as a result of the October (Yom Kippur) War in 1973?
a. OPEC was first formed as an oil cartel.
b. A global energy crisis was averted because Russia increased its production of oil.
c. OPEC increased the price of its oil by about 400 percent.
d. Ayatollah Khomeini led the Iranian revolution to increase its output of oil stocks.
e. The U.S. was able to lower the price of gasoline at its retail outlets.
Related Book For
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ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
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