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jan 1, 1973 - OPEC and Oil embargo

Description:

The OPEC oil embargo was a decision to stop exporting oil to the United States. The twelve members of the Organization of Petroleum Exporting Countries agreed to the embargo on October 19, 1973. ... Ever since the embargo, OPEC has used its influence to manage oil prices and supply

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BySoughtout
29 Aug 2017
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Date:

jan 1, 1973
Now
~ 53 years ago

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