The 1979 energy crisis occurred largely due to decreased oil output after which major event?

The 1979 energy crisis occurred largely due to decreased oil output after which major event?

• A. Iranian Revolution
• B. Iran-Iraq War
• C. OPEC Embargo
• D. Saudi Production Cut

Answer: (B)

When a major oil producer undergoes political upheaval, its output can drop sharply and push up world oil prices. In 1979, the Iranian Revolution disrupted a large portion of Iran’s oil production and exports, tightening global supply and driving the energy crisis the world felt that year. The Iran-Iraq War began after the revolution and worsened supply later on, but the immediate trigger for the 1979 crisis was Iran’s upheaval. The OPEC Embargo refers to the earlier 1973 event, and Saudi production cuts have occurred at other times, not the primary cause of the 1979 spike.

When a major oil producer undergoes political upheaval, its output can drop sharply and push up world oil prices. In 1979, the Iranian Revolution disrupted a large portion of Iran’s oil production and exports, tightening global supply and driving the energy crisis the world felt that year. The Iran-Iraq War began after the revolution and worsened supply later on, but the immediate trigger for the 1979 crisis was Iran’s upheaval. The OPEC Embargo refers to the earlier 1973 event, and Saudi production cuts have occurred at other times, not the primary cause of the 1979 spike.