History, asked by afreenfatma760, 29 days ago

• As an impact of OPEC crises,
nations accumulated wealth​

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Answered by maheshsingha553
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How OPEC Affects the Economy. OPEC's role is to stabilize prices in international oil markets to prevent large movement in prices. It plays a part when petrol prices are set around the world. ... Households also use oil for energy so higher oil prices mean higher bills for consumers.

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