Saudi Arabia’s efforts to get OPEC to raise production has foundered on opposition, mostly from those on the other side of the fight for hegemony of the Middle East and the world, starting with Iran. The vote came down to Saudi Arabia, Qatar, Kuwait, and UAE against Iran, Iraq (!), Libya, Algeria, Angola, Ecuador, and Venezuela.
The Oil Weapon and the Fight for Hegemony of the Middle East |
| By: emptywheel Wednesday June 8, 2011 3:01 pm |


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