Photo Gallery: Boycotts and Embargos
01/10/2012

Four decades after the 1973 oil shock, Iran and the West are once again...
AP

Four decades after the 1973 oil shock, Iran and the West are once again embracing oil as a weapon. Tehran is threatening to block the Strait of Hormuz, while the industrialized countries are considering a boycott of Iranian oil. Here, an Iraqi oil terminal in the Persian Gulf.




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