5 Geopolitical Events with Highest Impact on S&P 500

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1. Arab Oil Embargo (10/18/1973)

Initial Impact: -16.23%

30-days Impact: -8.45%

90-days Impact: -13.04%

Average impact: -12.57%

The Arab oil embargo is the most significant geopolitical event with the highest impact on the S&P 500. The Arab oil embargo was a temporary cessation of oil shipments from the Middle East to the US. The OPEC ceased oil supply to the US due to its support of Israel during the Yom Kippur War.

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