Clash of Titans: Arabs vs. Oil Giants

In this episode of 3-Minute History, we dive into the tense showdown between Arab oil nations and Western powers during the 1967 Six-Day War. On June 5th, Israel launched a surprise attack on Egypt, igniting a conflict that would see Arab nations retaliate with an oil embargo against the U.S., UK, and West Germany. But did this strategic move have the intended effect? Join us as we explore how the OECD High-Level Oil Committee stepped in to negotiate with oil giants like Shell and Exxon, ultimately outsmarting the embargo. 3-Minute History FOLLOW US • Subscribe: https://www.youtube.com/@TheNewsForum • Twitter/X: https://x.com/thenewsforum_ • LinkedIn: https://www.linkedin.com/company/the-news-forum/ TAGS #Oil_embargo #Arab_nations #Six_day_war #Israel #West_germany #Oil_majors #Embargo_strategy #3_minute_history