On this day: March 18

POSTED: 10:41 PM PDT Mar 12, 2013    UPDATED: 11:00 PM PDT Mar 17, 2016 

Britain repeals the Stamp Act, Lord Stanley announces plans for a hockey cup, a cosmonaut goes for the first space walk, and OPEC ends its oil embargo against the United States, all on this day.

OTD March 18 - OPEC embargo
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National Archives and Records Administration

1974: Most OPEC nations end a five-month oil embargo against the United States, Europe and Japan. The embargo, which stemmed from Western support of Israel when Egypt and Syria attacked the nation on Oct. 6, 1973, led to government price controls and gas rationing in the U.S., commonly resulting in long lines at gas stations.


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