What is oil emargo?

An oil embargo is a restriction or prohibition on the export or import of oil, often implemented by countries or organizations to exert political pressure or influence. It can target specific nations or regions in response to geopolitical conflicts, economic disputes, or environmental concerns. The goal of an oil embargo is typically to limit a country's access to oil resources, thereby affecting its economy and military capabilities. Such measures can lead to significant fluctuations in global oil prices and supply chains.