!!!OPEC

OPEC, Organisation of Petroleum Exporting Countries: Cartel formed in 
1960 by 13 petroleum exporting countries for the purpose of 
harmonising their policies, with headquarters in Vienna. OPEC aims at 
stabilising world market prices, solidary action vis-à-vis 
consumer countries, and the use of petroleum to bring pressure to bear 
on their international clientele. A terrorist attack on the Vienna 
headquarters of OPEC occurred on December 22, 1975.


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