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Opec backlash brews as US lawmakers eye 1890 law as club

November 19, 2021 7:47 AM

WASHINGTON (BLOOMBERG) – Some US lawmakers are seizing on the energy price surge to revive long-standing legislation that would subject the Opec oil cartel to the same antitrust laws used more than century ago to break up Standard Oil’s monopoly.

Source : http://www.straitstimes.com/business/economy/opec-backlash-brews-as-us-lawmakers-eye-1890-law-as-club

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