The document summarizes key events related to conflict in the Middle East, including the establishment of Israel in 1948 which led to the Arab-Israeli conflict over Palestine. It discusses Egypt's blockade against Israeli ships in the late 1950s and the resulting Six Day War that tripled Israel's size. The formation of OPEC in 1960 led to large oil price increases and shortages. The Camp David Accords in 1979 established an Israeli-Egyptian peace treaty. It also outlines Nasser's rise in Egypt and promotion of Pan-Arabism, as well as turmoil in Iran and Iraq including the Iranian Revolution of 1979 and Iraq's war with Iran from 1980-1989 led by Saddam Hussein.