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Answer:
The spike in price caused fuel shortages and long lines at gas stations similar to the 1973 oil crisis. ... Iraq's oil production also dropped significantly, triggering economic recessions worldwide. Oil prices did not return to pre-crisis levels until the mid-1980s.
A gas shortage was experienced by the American as a result of the Oil shock of 1979.
What was the Oil shock?
The oil crisis occurred when the members of the OAPEC led by Saudi Arabia proclaimed an oil embargo on its oil.
This created a spike in price and casued a fuel shortages and long lines at gas stations in the U.S.
Therefore, the Option B is correct.
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