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Photo Gallery: Boycotts and Embargos
AP

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Photo Gallery: Boycotts and Embargos

The Escalation Iran and the West Rediscover Oil as Weapon

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. But both sides will suffer if such tactics are used.
Translated from the German by Christopher Sultan