When the oil weapon was first unsheathed in 1973, it had a dramatic and lasting effect on the world economy and Western states. As a weapon of economic embargo, no one can deny its success, quadrupling the price of the world's major commodity in the space of a few days. ... However it would be foolish to write off the oil "weapon", even if conventional wisdom tells us that it will not be used again. ... The Arab oil weapon since that date has remained unused in any coherent form. ... "The Power of Oil: The Arab Oil Weapon and the Netherlands, The United Kingdom, Canada, Japan, and The Uni...

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• Grade Level: High School

So it made oil soar high in price. ... In October,1998, Saddam failed to let the United Nations weapons inspectors in to inspect. ... Iraq claimed it destroyed all its biological weapons. ... Saddam successfully kept inspectors out of his country and made weapons that could kill thousands. In 2002, Saddam allows the United Nations weapons inspectors to return to Iraq. ...

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• Grade Level: High School

World's View on Iraq The United States government has made it perfectly clear that military action in the very near future is needed against Saddam Hussein and Iraq for weapons violations. ... Russia is obeying an embargo with Iraq, but still has economic interests, due to the large amount of oil smuggling that goes on between the countries. ...

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