OPEC (Organization of Petroleum Exporting Countries): OPEC is an intergovernmental organization consisting of oil-producing nations in the Middle East and other regions.
Arab-Israeli Conflict: The Arab-Israeli Conflict refers to ongoing political tension between Israelis (Jews) and Arabs (Palestinians) over territorial disputes in the Middle East.
Persian Gulf War: Also known as Operation Desert Storm, it was a conflict triggered by Iraq's invasion of Kuwait in 1990 that involved several countries from around the world.