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单词 oil crisis
释义

oil crisis

noun
A crisis associated with the oil industry; specifically the world economic crisis of 1973–4 precipitated by large increases in crude oil prices, together with production cuts and export embargoes, by the Organization of Petroleum-Exporting Countries.

Origin

1920s; earliest use found in American Journal of International Law.

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更新时间:2024/12/27 2:25:03