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Unformatted text preview: OAPEC Provide three examples of the use of oil as a tool of foreign policy OAPEC Collaborated on oil embargo on Israelis supporters in 1973 United States and Netherlands were focused on in embargo Punish the states that supported Israel in this war 1979 Shah of Iran overthrown Iran withholds its oil form markets to punish the countries that supported Shah US again was the focus Price manipulation Saudi Arabia can vary production levels in response to global supple and demand Want a reasonable oil price Keep US from investing in alternative energy 17:11 17:11...
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- Spring '12