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Abyssinia Crisis. The Abyssinia Crisis was a crisis in 1935 originating in the so-called Walwal incident in the then ongoing conflict between the Kingdom of Italy and the Empire of Ethiopia (then commonly known as Abyssinia in Europe). The League of Nations ruled against Italy and voted for economic sanctions, but they were not fully applied.
The 1973 Oil Crisis By Sarah Horton In October of 1973 Middle-eastern OPEC nations stopped exports to the US and other western nations. They meant to punish the western nations that supported Israel, their foe, in the Yom Kippur War, but they also realized the strong influence that they had on the world through oil.he embargo forced America to consider many things about energy, such as the cost and supply, which up to 1973 no one had worried about (Spiegelman). In order to understand the main cause of the oil crisis one must first know the history of the region and the Arab-Israeli conflict.