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Second Arab Oil Embargo, 1973-1974 The Second Arab Oil Embargo, which lasted from October 1973 to March 1974, posed a major threat to the U.S. economy. Moreover, the Nixon Administration's efforts to address the effects of the embargo ultimately presented the United States with many foreign policy challenges.
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2 Jan 2019 Figure 3: Economic activity [BTI and PMI] (Source: Bank of Uganda UGX. Ugandan shilling. USD. United States Dollar. UBOS. Uganda