1967 Oil Embargo
Arab embargo during the Six-Day War
The 1967 Oil Embargo began on June 6, 1967, the second day of the Six-Day War, with a joint Arab decision to deter any countries from supporting Israel militarily. Several Middle Eastern countries eventually limited their oil shipments, some embargoing only the United States and the United Kingdom, while others placed a total ban on oil exports. The Oil Embargo did not significantly decrease the amount of oil available in the United States or any affected European countries, due mainly to a lack of solidarity and uniformity in embargoing specific countries. The embargo was effectively ended on September 1 with the issuance of the Khartoum Resolution.
Oil Ministers' Conference
During the June 9–18 Oil Ministers' Conference in Baghdad, Iraq, several Arab countries issued a communiqué that two resolutions were unanimously passed:
"Arab oil shall be denied to and shall not be allowed to reach directly or indirectly countries committing aggression or participating in aggression on sovereignty of any Arab state or its territories or its territorial waters, particularly the Gulf of Aqaba"
"The involvement of any country directly or indirectly in armed aggression against Arab states will make assets of its companies and nationals inside the territories of Arab countries subject to the laws of war. This includes the assets of oil companies."
Invitees included Egypt, Syria, Kuwait, Libya, Saudi Arabia, Algeria, Bahrain, Abu Dhabi, and Qatar. Iraq sent copies of the Council resolution to the Embassies of Iran and Indonesia, and sought the support of Venezuela.
Oil Embargo
The Baghdad Resolutions were important because Egypt broadcast claims of US aircraft support on June 6. Iraq was the first country to limit its oil shipments, embargoing the United States and the United Kingdom on June 6. Iraq, Kuwait, Algeria, and Bahrain eventually embargoed the United States and the United Kingdom.
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This entry incorporates text from “1967 Oil Embargo” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.