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On 19 October, nearly two weeks after Egypt's Operation Badr, the United States pledged to support Israel's fight against the Arab countries. Earlier, the Organization of Arab Petroleum Exporting Countries (OAPEC) had reached an understanding to use the "oil weapon" to give the Arab side an advantage in the Arab–Israeli conflict.
Nixon ultimately supported Israel during the Yom Kippur War of 1973, a key moment that may have saved the country. “Most historians of that region think that the US munitions support was ...
The United States was infuriated by the cool Israeli response to Egypt's proposal, and Assistant Secretary of State for Near Eastern Affairs Joseph Sisco informed Israeli ambassador Yitzhak Rabin that "Israel would be regarded responsible for rejecting the best opportunity to reach peace since the establishment of the state."
American support of Israel during the war contributed to the 1973 OPEC embargo against the United States, which was lifted in March 1974. The Reassessment Crisis In early 1975, the Israeli government turned down a U.S. initiative for further redeployment in Sinai.
Since World War II, Israel has been the largest recipient of U.S. foreign assistance, to the tune of $158 billion in military aid. ... The long history of US support for Israel. Joe St. George ...
West Texas Intermediate oil price history from 1950–2000, adjusted for inflation (1947 prices). In October 1973, the Organization of Arab Petroleum Exporting Countries (OAPEC) announced that it was implementing a total oil embargo against countries that had supported Israel at any point during the 1973 Yom Kippur War, which began after Egypt and Syria launched a large-scale surprise attack ...
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12 October – US President Richard Nixon authorizes Operation Nickel Grass, an overt strategic airlift to deliver weapons and supplies to Israel, after the Soviet Union began sending arms to Egypt and Syria. 17 October – The Arab Oil Embargo against several countries which allegedly support Israel triggers the 1973 energy crisis.