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feb 2, 1980 - OPEC makes oil prices drop - impacts USSR strongly

Description:

OPEC was introduced by Iran, Iraq, Kuwait, Saudi Arabia, Venezuela - so they could reach common agreements on prices of oil and pursue common policies (controlled 2/3 of oil reserves)

Added to timeline:

cold war timeline

ByJ J
10 May 2018
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976

Date:

feb 2, 1980
Now
~ 45 years ago
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