The Yom Kippur War
•The Egyptians planned for another attack
•This time they wanted it to be a surprise over the Yom Kippur holiday
•They have original gains (US then sends aid to Israel)
•The war ends with the borders being unchanged
•The west then pushed hard for a settlement due to the rise in oil prices (OPEC raised oil 70%)
•Put the world in financial crisis
•This time they wanted it to be a surprise over the Yom Kippur holiday
•They have original gains (US then sends aid to Israel)
•The war ends with the borders being unchanged
•The west then pushed hard for a settlement due to the rise in oil prices (OPEC raised oil 70%)
•Put the world in financial crisis
question:
If the Yom Kippur War had happened any other day would it have affected the oil industry the same way?
Summary
The Eyptians planned an attack over the Yom Kippur holiday, this was supposed to be a surprise, but nothing was gained or lost expect a huge rise in oil prices.