The petroleum crises of 1973 and 1979 played a key role in changing the world order created by the U.S.after World War II.

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The petroleum crises of 1973 and 1979 had a significant impact on the global economy, particularly in the Western world. The oil embargo by OPEC nations led to an increase in prices, scarcity of fuel, and economic turmoil. This, in turn, catalyzed a shift towards renewable energy, greater focus on energy independence, and a rethink of global geopolitics. This marked a significant shift from the world order created by the US post-World War II.

The Petroleum Crises of 1973 and 1979 Played a Key