Word: embargoing
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...addition, two major developments of the 1970s--the 1973 OPEC embargo and the 1978 Camp David accord--paved the way for the recent crisis by shifting the bulk of power in the region away from Egypt to less developed states in the Persian Gulf region, Alnawrawi said...
...Christmas and perhaps much sooner. That is the latest estimate from Washington and abroad. Whether the economic embargo could ever force Saddam Hussein to retreat from Kuwait may never be known. "Our worst-case scenario," says an Arab diplomat involved in the allies' deliberations, has Saddam acceding to Bush's public demands. But the alliance's true objective has moved beyond restoring the status quo ante to the destruction of Iraq's nuclear, chemical and biological warfare capacities, a goal almost no one believes can be achieved through negotiation. Hence "the logic of war," to borrow Francois Mitterrand's phrase...
Bush figured he could flood the market with cheap oil from the SPR and depress prices that have skyrocketed in the wake of the embargo against Iraq and Kuwait. Ten days ago, he authorized the Department of Energy to auction off five million barrels over the next six weeks...
...example, the Arab oil embargo of 1973 was intended to persuade the U.S. and other industrial nations to abandon their support of Israel. Instead of deserting Israel, Americans rallied to its defense, developing an intense anti-Arab sentiment that persists to this...
Fortunately for analytical purposes, there is a historical example nearly identical to South Africa--the case of the white-supremacist government of Rhodesia (now Zimbabwe). In a groundbreaking study of the Rhodesian case, economic historian Johan Galtung concludes that 12 years of total economic embargo--the strongest international sanctions ever imposed before the Iraq-Kuwait crisis--not only failed to break the regime's resolve, but actually solidified...