When Britain conquered and ruled India, parts of Afica etc , it was wit the backdrop of a powerful armed forces and strong economy. The same can be said for France and Spain.
The OPEC countries have a tool at their disposal, but they have left it too late. They know that the West will not tolerate beligerence. A famous saying - "He who can destroy a thing, controls a thing". OPEC countries don't have the stomach to do without their luxuries.
I am surprised that you talk about the capitalist OPEC.. Oil is a comodity. Why should the OPEC countries not use it to earn as much as they possibly can ?
When Britain conquered and ruled India, parts of Afica etc , it was wit the backdrop of a powerful armed forces and strong economy. The same can be said for France and Spain.
The OPEC countries have a tool at their disposal, but they have left it too late. They know that the West will not tolerate beligerence. A famous saying - "He who can destroy a thing, controls a thing". OPEC countries don't have the stomach to do without their luxuries.
I am surprised that you talk about the capitalist OPEC.. Oil is a comodity. Why should the OPEC countries not use it to earn as much as they possibly can ?