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Tag Archives: Saudi Arabia
The 2011 Oil Shock
THE price of oil has had an unnerving ability to blow up the world economy, and the Middle East has often provided the spark. The Arab oil embargo of 1973, the Iranian revolution in 1978-79 and Saddam Hussein’s invasion of … Continue reading
Posted in The world we live in Now
Tagged Brent Crude, Business and Economy, Middle East, Saudi Arabia
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