The Biden Administration’s Strategic Petroleum Reserve Strategy Comes with High Risk in and Uncertain World
In October 1973, the Organization of Arab Petroleum Exporting Countries (OAPEC) imposed an embargo against the United States in retaliation for its decision to resupply Israel during the fourth of the Arab-Israeli wars. The Yom Kippur War, as it became known, started on October 6, 1973. The embargo banned petroleum exports and introduced cuts in Read More