A.Oil-producing nations formed a cartel in order to fix oil prices and control competition.
B.Oil-producing nations discovered they could use oil as an economic weapon against the West.
C.Revenue from oil was distributed fairly among an oil-producing nation鈥檚 entire population.
D.Islamist groups believed that oil revenue was helping to cause a shift to Western culture and values.All of the following statements regarding oil in the Middle East are true except .....?
B
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