Articulated

In 1973, the Organization of Arab Petroleum Exporting Countries imposed an oil embargo on the United States, driving up prices. It came at a difficult time for the United States as wholesale commodity prices were already rising at more than 10 percent annually at the time, and many important industrial materials were in short supply.  In addition, the US oil industry had very little excess production capacity, which meant that it was difficult for US energy producers to bring more oil to the market when needed. In the wake of that oil shock, the United States began seeking energy independence to prevent such problems from happening again in the future. During the same period, Europe became increasingly dependent on Russia for its energy needs. So let's discuss why Europe is so dependent on Russia for energy. Can the West impose an embargo on Russian oil and gas? Will such a ban make a difference for Russia? To what extent will Western countries harm themselves by doing this? Firs