oil pricing

Who Was The Iraqi Leader Who Invaded Kuwait In 1990?

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Who Was The Iraqi Leader Who Invaded Kuwait In 1990? Alarmed by these actions, President Hosni Mubarak of Egypt initiated negotiations between Iraq and Kuwait in an effort to avoid intervention by the United States or other powers from outside the Gulf region. Hussein broke off the negotiations after only two hours, and on August

What Was The Immediate Goal Of The Standard Oil Company When It Lowered Prices?

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What Was The Immediate Goal Of The Standard Oil Company When It Lowered Prices? The correct answer to number 1 is to outcompete rival businesses. By lowering prices, Standard Oil Company ensured that citizens and other companies bought their product. This resulted in decreased competition, as other businesses could not compete with their low prices.