America's emergency reserve came about after the 1973 to '74 Arab Oil Embargo.
美国的石油战略储备是在1973～74年的第一次石油危机后进行的。
Arab Oil Embargo
原声例句
当月 CNN 10 学生英语 2019年9月合集
经济学人 Business
Arab oil embargoes, nationalisation of oil production in the Persian Gulf and the arrival of buccaneering trading houses such as Glencore, Vitol and Trafigura saw the Sisters lose their sway.
阿拉伯石油禁运、波斯湾石油生产国有化以及嘉能可、维多和托克等海盗贸易公司的到来，导致姐妹党失去了影响力。
英语百科
1973 oil crisis 第一次石油危机
（重定向自Arab Oil Embargo）
The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries (OAPEC, consisting of the Arab members of OPEC plus Egypt and Syria) proclaimed an oil embargo. By the end of the embargo in March 1974, the price of oil had risen from US$3 per barrel to nearly $12 globally; US prices were significantly higher. The embargo caused an oil crisis, or "shock", with many short- and long-term effects on global politics and the global economy. It was later called the "first oil shock", followed by the 1979 oil crisis, termed the "second oil shock."
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