Business Quizzes back
Cold War Protests 1960’s Movement details 1970’s Movement
What caused the oil / energy crisis of the 1970s? Domestic and Foreign
1970’s Middle East Issues Israel Iran Conflicts with Arab nations (Egypt, Palestine, etc) Different beliefs, territory claims Iran What was the situation? Rule of Shah corrupt and harsh
Middle East Countries
Oil / Gas in US Price of oil rose in 70’s US dependent on Middle East oil Countries could reward/punish with oil 1973- Organization of Petroleum Exporting Countries (OPEC) formed Algeria Nigeria Angola Qatar Ecuador Saudi Arabia Iran United Arab Emirates Iraq Venezuela Kuwait Libya
Oil as Politics / Policy 1973- war between Israel and other countries OPEC placed embargo on oil to countries that supported Israel Also raised prices US supported Israel US cut off from oil (what oil the US got was expensive)
Iran Hostage Crisis 1979- Revolution in Iran Shah fled, anti-West leader took over Goal: make Iran strict, Islamic state President (Carter) let Shah into US Given sanctuary, health services Iranians outraged
Iran Hostage Crisis November 1979- Iranian students seize US embassy in Tehran (Iran) 52 Americans taken hostage Held for 444 days Americans wanted their release- Carter’s responsibility
Trying to Release Hostages Carter tried: Cutting ties with Iran Rescue mission- failure, 8 soldiers died Carter lost popularity, lost re-election 1981- Hostages released the day Carter left office