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jan 4, 1960 - OPEC

Description:

-Organization of Petroleum Exporting Countries
-group formed by Middle Eastern countries and other oil-rich developing nations that allowed its members to exert greater control over oil prices
-conflict in the Middle East prompted OPEC to take political sides -> embargo on oil

Added to timeline:

Unit 8 1945-1991

ByGabby
2 months ago
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0
74

Date:

jan 4, 1960
Now
~ 65 years ago
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