In October 1973, a series of events plunged the world into chaos. Gas prices skyrocketed, lines at pumps stretched for blocks, and the global economy teetered on the brink. But what really happened during the 1973 oil crisis, and why does it still matter today?
In this in-depth exploration, we dive into:
- The roots of the crisis in post-war economic boom and Middle East tensions
- How the Yom Kippur War triggered a global economic shock
- The immediate impacts: from gas rationing to stock market crashes
- Long-lasting consequences in politics, technology, and the environment
- How the crisis still shapes our world 50 years later
Whether you're a history buff, an economics enthusiast, or just curious about the forces that shape our world, this video offers insights you won't want to miss.
#OilCrisis #EconomicHistory #Geopolitics #EnergyPolicy #1970s
