Economic Warfare: The 1973 Arab Oil Embargo

This course on “The Role and Impact of Economic Embargoes” offers a focused analysis on the 1973 Arab Oil Embargo, examining its profound implications on global economics, politics, and energy policies. Students explore the reasons behind the embargo, initiated by OAPEC in response to Western support of Israel during the Yom Kippur War, and delve into its immediate effects such as fuel shortages and soaring oil prices. The course also covers the long-term changes in energy strategies, including the shift towards alternative energy sources and energy independence initiatives in affected countries. Through lectures, case studies, and discussions, students gain insights into the strategic use of economic embargoes in international relations and their impact on global diplomacy and economic stability.