For those of you who were born in the 1950s or 1960s, and who had experienced the Arab embargoes and or the invasion of Kuwait directly, that experience might still be vivid in mind. Oil price skyrocketed almost overnight triggering financial crisis globally, and the middle class especially in the USA or in a European city suffered the most. Powerful nations had never neglected this region ever and had started to station troops and military bases permanently for those security reason since then.

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Arab Embargoes

The Arabs of the 1960s and 1970s were not the Arabs of today per se, ... To continue reading, you must be logged in to view this content. To continue, kindly login or register as per follow please:

escveritasGlobalLatest ThinkingPoliticsarab,israel,middle eastFor those of you who were born in the 1950s or 1960s, and who had experienced the Arab embargoes and or the invasion of Kuwait directly, that experience might still be vivid in mind. Oil price skyrocketed almost overnight triggering financial crisis globally, and the middle class especially in...