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the organization of the petroleum exporting countries (opec) played a r…

Question

the organization of the petroleum exporting countries (opec) played a role in the 1970s united states energy crisis by doing which of the following? offering greatly discounted oil prices to all developing nations encouraging other member opec countries to increase oil production and lower prices imposing an oil embargo on the united states, restricting oil exports to that country

Explanation:

Brief Explanations

In the 1970s, OPEC imposed an oil embargo on the US due to political reasons (like US support for Israel in the Yom Kippur War), restricting oil exports to the US. The first option is incorrect as OPEC didn't offer discounted prices to all developing nations in relation to the US energy crisis. The second option is wrong because OPEC reduced production (not increased) to raise prices, not lower them.

Answer:

C. imposing an oil embargo on the United States, restricting oil exports to that country (assuming the options are labeled A, B, C with A as the first, B as the second, C as the third option)