Tag / OAPEC
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Gambling With America’s Energy Security
BY BEN GOTTESDIENER In October 1973, Egypt and Syria, with the support of other Arab states, launched an attack on Israel, sparking the conflict that would later be known as the Yom Kippur War. The United States provided Israel with both financial aid and military aid throughout the war, but their support had consequences. Specifically,…
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Oil Fears
The mainstream media seems to love the “oil” buzzword; the economic consequences of oil price fluctuations directly affect consumers and in short, sell newspapers. Far from being unjustified, the attention paid to oil prices is deserved and comes from the fact that past oil shocks have driven economies into the ground. Recently, the uprising in…
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