The ever-changing oil map - Al-Monitor: the Pulse of the Middle East:
"Oct. 16, 2013, marked the anniversary of the day the Kingdom of Saudi Arabia and other Arab countries enforced an unprecedented oil embargo on the United States and the Netherlands and cut oil production by 5–10%, due to their support for Israel [during the 1973 war]. Oil prices doubled and OPEC [Organization of Petroleum Exporting Countries] demanded a new global economic system. Today, 40 years later, the global oil market will seemingly once again experience adverse steps entailing geostrategic consequences."
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