The 1973 spike was triggered most directly by which event?
- A
The fall of the Shah in Iran
- Bcheck_circle
OPEC's oil embargo against the United States during the Yom Kippur War
- C
Soviet invasion of Afghanistan
- D
Nixon's resignation and resulting policy uncertainty
Explanation
OPEC's Arab members embargoed oil to nations supporting Israel in the October 1973 war, quadrupling prices and triggering long gas lines and a recession in the U.S.