What does oil embargo mean?

Definitions for oil embargo
oil em·bar·go

This dictionary definitions page includes all the possible meanings, example usage and translations of the word oil embargo.

Wikipedia

  1. Oil embargo

    An oil embargo is an economic situation wherein entities engage in an embargo to limit the transport of petroleum to or from an area, in order to exact some desired outcome. One commentator states, "[a]n oil embargo is not a common commercial practice; it is a tool of political blackmail, meant to force those at whom it is aimed, into some action they would otherwise not be willing to take".

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Numerology

  1. Chaldean Numerology

    The numerical value of oil embargo in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of oil embargo in Pythagorean Numerology is: 7

Examples of oil embargo in a Sentence

  1. Jose Manuel Garcia-Margallo:

    I think we should consider measures to freeze the assets of the central bank ... and possibly impose an oil embargo, to convince all parties that only with political stability, there can be economic growth.

  2. Marc Short:

    I think that' locked and loaded' is a broad term and talks about the realities that we're all far safer and more secure domestically from energy independence, this is not the 1970s oil embargo. It's not 1990, when Iraq invaded Kuwait. We're now a net oil exporter, which means that the American market is much better protected.

  3. Joe Biden:

    This has just been so shocking to all of us, in the face of uncertainty, he is unshakable, and I hope you saw that in the State of the Union and when he was on yesterday when he was talking about the oil embargo.

  4. Mauricio Macri:

    I think we should go to a full oil embargo, things have gotten worse and worse. Now, it’s really a painful situation. Poverty is going up every day, sanitary conditions are getting worse every day.

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"oil embargo." Definitions.net. STANDS4 LLC, 2024. Web. 4 Mar. 2024. <https://www.definitions.net/definition/oil+embargo>.

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