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How did the oil crisis increase the bargaining power of resource producing countries?

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Answer and explanation

Correct answer: Global economy could be affected through oil supply and prices

The oil crisis showed the importance of OPEC and energy dependence. For exams remember resource politics.

Related tags

Oil-CrisisOpecEnergy-Politics

Frequently asked questions

What is the correct answer to this question?

Global economy could be affected through oil supply and prices

Why is this the correct answer?

The oil crisis showed the importance of OPEC and energy dependence. For exams remember resource politics.

Which subject and chapter does this question cover?

This is a Class 10 General Knowledge question. Chapter: World History. Topic: Important Historical Events.

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