The OPEC Oil Embargo at 40

A. Cases of alleged violations of the oil embargo

III. THE STATUS OF THE OIL EMBARGO AGAINST SOUTH AFRICA

The oil embargo was also denied the backing of the Security Council.

III. THE STATUS OF THE OIL EMBARGO AGAINST SOUTH AFRICA ... 18 30 8

As far as the oil embargo against South Africa is concerned, Mr. Mandela stated

Reliable estimates suggest that the embargo added 2 billion to the oil import bill.

On 9 December, you yourself, Mr. President, announced that the oil embargo was lifted.

A symbolic cut or embargo, while possible, would have little impact on world oil markets.

quot (j) To gather, exchange and disseminate information regarding violations of the oil embargo. quot

But by the 1973 Yom Kippur war, the Arab oil embargo had a greater effect, owing to America s growing demand for imported oil.

March 17 Arab oil ministers, with the exception of Libya, announce the end of the US embargo.

External pressures, including the oil embargo, combined to compel the South African Government to sue for peace.

Owing to the embargo on oil supplies and oil derivatives, the heating of schools has run into difficulties, which created problems in organizing classes last year.

quot (i) To impose penal action against companies and individuals that have been involved in violating the oil embargo

In 1973, with the oil embargo and the closing of the gold window, that was the end of America.

The Committee urged that the oil embargo be lifted after the establishment and commencement of the work of the TEC.

Since the multilateral Council has become operational, Poland fully supports the decision to terminate the oil embargo against South Africa.

When Japan responded by taking over southern French Indochina, the US retaliated by imposing an embargo on oil exports to Japan.

The oil embargo was one of the means of pressure to force the South African authorities to abandon their apartheid policies.

With the recent termination of the oil embargo against South Africa, all economic sanctions against that country have now been lifted.

A notice to exporters, specifying the exemptions from the oil embargo imposed against the Haitian State, is in the course of issuance.

For example, on Iran (with exceptions like Greece), Europeans have united around a clear policy and collective positions, such as an oil embargo.

The oil embargo was also nullified with the establishment of the Transitional Executive Council, which held its first meeting just a few days ago.

We wish to thank all the IGG member States and all the United Nations Member States that respected the oil embargo against South Africa.

3. As its mandate covers all aspects of the monitoring of the supply and shipping of oil and petroleum products to South Africa, the Intergovernmental Group has also dealt with questions relating to publicity for the oil embargo, the holding of hearings, and assisting Governments by publicizing their laws and regulations concerning the embargo.

Arms embargo

Arms embargo

Arms embargo

Arms embargo

Arms embargo

Arms embargo

Arms embargo

Iran stands to receive around 100 billion in assets frozen overseas and see an end to European oil embargo and various restrictions on Iranian banks.

The Suez crisis caused an outcry of indignation in the entire Arab world and Saudi Arabia set an embargo on oil on France and Britain.

But the first fell prey to a long US occupation, and the second currently faces a US led oil export embargo designed to throttle it financially.

Over the years it monitored the oil embargo, it accumulated expertise that I am sure will serve our Organization well in similar circumstances in the future.

The Middle East conflict of 1973 and the ensuing oil embargo created new anxieties among Western industrial countries about the security and stability of energy supplies.

1. Arms embargo

2. Petroleum embargo

Like an embargo.

Following Israel s victory in the Yom Kippur War, the Arab members of the Organization of the Petroleum Exporting Countries (OPEC) announced an oil embargo on Israel s supporters.

Four decades ago, countries not only endured the immediate economic impact of the OPEC embargo they leveraged the potential of the resulting oil shortages to spur innovation.

A consequence of the embargo is that U.S. corporations cannot invest in the Sudan oil industry, so companies in China, Malaysia and India are the major investors.

EMBARGO 6 SEPTEMBER 2004