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Natali5045456 [20]
3 years ago
7

How did the 1973 oil embargo affect the United States?

History
2 answers:
shepuryov [24]3 years ago
7 0

Answer:

oil suffered from high levels of inflation

Explanation:

Sergeu [11.5K]3 years ago
5 0

Answer:

Explanation:

The 1973 Oil Embargo strained the U.S. economy that had grown dependent on foreign oil.  The price of oil per barrel first doubled, then quadrupled, making the  costs  even higher on consumers and structural challenges to the stability of national economies.

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