May 14, 1948 – State of Israel proclaimed

With the blessing of the United Nations, Israel Prime Minister David Ben Gurion proclaims the independent State of Israel, establishing the first Jewish state in over 2,000 years.

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November 19, 1977 – Sadat Visits Israel

November 19, 1977 – Sadat Visits Israel

In an unprecedented move for an Arab leader, Egyptian president Anwar el-Sadat travels to Jerusalem to seek a permanent peace settlement with Israel after decades of conflict.

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October 17, 1973 – OPEC cuts production

October 17, 1973 – OPEC cuts production

The Arab-dominated Organization of Petroleum Exporting Countries (OPEC) agrees to cut oil exports by 5 percent until Israel withdraws from territories occupied in the Yom Kippur War.

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