Answer:
True.
Step-by-step explanation:
The oil boycott of the Arab members of the OPEC led to a recession in the United States in 1973. It was a reaction to the American military and diplomatic support to Israel during the Yom Kippur War, the last Arab-Israeli conflict that Israel won against its old enemies Syria and Egypt, which had launched a coordinated attack on October 6, 1973. The embargo was against the US, Japan, Canada, the Netherlands and the UK.