The 1967 Oil Embargo began on June 6, 1967, the second day of the
Six-Day War
The Six-Day War (, ; ar, النكسة, , or ) or June War, also known as the 1967 Arab–Israeli War or Third Arab–Israeli War, was fought between Israel and a coalition of Arab world, Arab states (primarily United Arab Republic, Egypt, S ...
, with a joint
Arab
The Arabs (singular: Arab; singular ar, عَرَبِيٌّ, DIN 31635: , , plural ar, عَرَب, DIN 31635: , Arabic pronunciation: ), also known as the Arab people, are an ethnic group mainly inhabiting the Arab world in Western Asia, ...
decision to deter any countries from supporting
Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
militarily. Several
Middle Eastern
The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabia (including the Arabian Peninsula and Bahrain), Asia Minor (Asian part of Turkey except Hatay Province), East Thrace (European ...
countries eventually limited their
oil
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated ...
shipments, some
embargo
Economic sanctions are commercial and financial penalties applied by one or more countries against a targeted self-governing state, group, or individual. Economic sanctions are not necessarily imposed because of economic circumstances—they m ...
ing only the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
and the
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
, 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
Europe
Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...
an 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
The Khartoum Resolution of 1 September 1967 was issued at the conclusion of the 1967 Arab League summit, which was convened in Khartoum, the capital of Sudan, in the wake of the Six-Day War. The resolution is famous for containing (in the third ...
.
Oil Ministers' Conference
During the June 9–18 Oil Ministers' Conference in
Baghdad, Iraq
Baghdad (; ar, بَغْدَاد , ) is the capital of Iraq and the list of largest cities in the Arab world, second-largest city in the Arab world after Cairo. It is located on the Tigris near the ruins of the ancient city of Babylon and the ...
, several Arab countries issued a
communiqué
A press release is an official statement delivered to members of the news media for the purpose of providing information, creating an official statement, or making an announcement directed for public release. Press releases are also considere ...
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 Gulf of Aqaba ( ar, خَلِيجُ ٱلْعَقَبَةِ, Khalīj al-ʿAqabah) or Gulf of Eilat ( he, מפרץ אילת, Mifrátz Eilát) is a large gulf at the northern tip of the Red Sea, east of the Sinai Peninsula and west of the Arabian ...
"''
# ''"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
The law of war is the component of international law that regulates the conditions for initiating war (''jus ad bellum'') and the conduct of warring parties (''jus in bello''). Laws of war define sovereignty and nationhood, states and territor ...
. This includes the assets of oil companies."''
Invitees included
Egypt
Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Mediter ...
,
Syria
Syria ( ar, سُورِيَا or سُورِيَة, translit=Sūriyā), officially the Syrian Arab Republic ( ar, الجمهورية العربية السورية, al-Jumhūrīyah al-ʻArabīyah as-Sūrīyah), is a Western Asian country loc ...
,
Kuwait
Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to the nort ...
,
Libya
Libya (; ar, ليبيا, Lībiyā), officially the State of Libya ( ar, دولة ليبيا, Dawlat Lībiyā), is a country in the Maghreb region in North Africa. It is bordered by the Mediterranean Sea to the north, Egypt to Egypt–Libya bo ...
,
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...
,
Algeria
)
, image_map = Algeria (centered orthographic projection).svg
, map_caption =
, image_map2 =
, capital = Algiers
, coordinates =
, largest_city = capital
, relig ...
,
Bahrain
Bahrain ( ; ; ar, البحرين, al-Bahrayn, locally ), officially the Kingdom of Bahrain, ' is an island country in Western Asia. It is situated on the Persian Gulf, and comprises a small archipelago made up of 50 natural islands and an ...
,
Abu Dhabi
Abu Dhabi (, ; ar, أَبُو ظَبْيٍ ' ) is the capital and second-most populous city (after Dubai) of the United Arab Emirates. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Metropolitan Area.
...
, and
Qatar
Qatar (, ; ar, قطر, Qaṭar ; local vernacular pronunciation: ), officially the State of Qatar,) is a country in Western Asia. It occupies the Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it sh ...
.
Iraq
Iraq,; ku, عێراق, translit=Êraq officially the Republic of Iraq, '; ku, کۆماری عێراق, translit=Komarî Êraq is a country in Western Asia. It is bordered by Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq ...
sent copies of the Council resolution to the Embassies of
Iran
Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...
and
Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...
, and sought the support of
Venezuela
Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in th ...
.
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. Syria stopped all oil exports, rather than just embargoing specific countries, in order to avoid declaring specific nations as aggressors.
The United States advocated emergency measures in
OECD
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate e ...
meetings and supported the establishment of an International Industry Advisory Board. The Advisory Board was critical in efficiently apportioning limited tanker resources and managing the distribution of the limited oil resources. This was an effective measure to negate the oil embargo as there was no consensus on what countries to embargo, and more importantly, oil shipped to a European country could then be shipped to any of the embargoed countries. Some Arab countries encouraged the oil companies to circumvent the embargo, as the
Amir
Emir (; ar, أمير ' ), sometimes transliterated amir, amier, or ameer, is a word of Arabic origin that can refer to a male monarch, aristocrat, holder of high-ranking military or political office, or other person possessing actual or cerem ...
of Kuwait even proposed to the US ambassador that companies simply alter
shipping manifests to ship oil to prohibited countries.
Egypt sought to bend not only international political policy but also the policies of more moderate governments, and sought to
export the socialist revolution to neighboring moderate (i.e. conservative) countries. The embargo resulted in public pressure on Middle Eastern leaders to support
Arab solidarity.
Nasser
Gamal Abdel Nasser Hussein, . (15 January 1918 – 28 September 1970) was an Egyptian politician who served as the second president of Egypt from 1954 until his death in 1970. Nasser led the Egyptian revolution of 1952 and introduced Egyptian ...
effectively limited moderate countries' political options lest they risk a revolution.
[This is substantiated in the June 30 briefing by DCI ]John McCone
John Alexander McCone (January 4, 1902 – February 14, 1991) was an American businessman and politician who served as Director of Central Intelligence from 1961 to 1965, during the height of the Cold War.
Background
John A. McCone was born in ...
to President Johnson, about the danger and effectiveness of constant propaganda from Egyptian State Radio in Cairo. Available in the FRUS volumes, Vol XXXIV Doc 252 (link above).
Khartoum Resolution
The Khartoum Resolution issued on September 1 allowed the moderate oil-producing nations (Kuwait, Saudi Arabia, and Libya) to resume oil exports and regain this critical source of revenue without risking disquiet or even overthrow from their more radical citizens. In exchange, these countries agreed to give annual aid to "victims of
Zionist
Zionism ( he, צִיּוֹנוּת ''Tsiyyonut'' after ''Zion'') is a nationalist movement that espouses the establishment of, and support for a homeland for the Jewish people centered in the area roughly corresponding to what is known in Je ...
aggression", namely Egypt and
Jordan
Jordan ( ar, الأردن; tr. ' ), officially the Hashemite Kingdom of Jordan,; tr. ' is a country in Western Asia. It is situated at the crossroads of Asia, Africa, and Europe, within the Levant region, on the East Bank of the Jordan Rive ...
($266 million and $112 million, respectively).
The 1967 oil embargo was the main reason for the formation of
OAPEC
The Organization of Arab Petroleum Exporting Countries (OAPEC) is a multi-governmental organization headquartered in Kuwait which coordinates energy policies among oil-producing Arab nations. OAPEC's primary objective is safeguarding the cooperati ...
, which would provide a forum for the discussion of using oil politically. The organization's next embargo had a much stronger impact, triggering the
oil crisis of 1973–74.
See also
*
Boycott
A boycott is an act of nonviolent, voluntary abstention from a product, person, organization, or country as an expression of protest. It is usually for moral, social, political, or environmental reasons. The purpose of a boycott is to inflict som ...
Notes and references
{{Reflist
Arab–Israeli conflict
Embargoes
Energy crises
History of the petroleum industry
Petroleum economics
Petroleum politics
Oil Embargo An oil embargo is an economic situation wherein entities engage in an embargo to limit the transport of petroleum to or from an area, in order to exact some desired outcome. One commentator states, " oil embargo is not a common commercial practice; ...
Oil Embargo, 1967