Word: arabia
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Dates: during 1980-1989
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...yet?and even then OPEC might come back together. It is presumably not in the cartel's economic or political self-interest to bankrupt its major customers, especially since many of OPEC's member states have invested their excess profits in the West. Yet even moderate nations like Saudi Arabia, which have fought to keep price boosts to a minimum, argue that inflation price hikes will be necessary as long as oil prices are tied to a declining dollar...
Iran and Iraq are the main Muslim states where the majority of the population is Shi'ite; but there are substantial Shi'ite minorities in the Gulf states, Lebanon, Turkey and Saudi Arabia. Khomeini's followers have been sending these Shi'ites messages urging them to join in an uprising against Western influence. The power of Khomeini's appeal for a "struggle between Islam and the infidels" must not be underestimated. In these and many other Islamic countries, Western technology and education have strained