"<span>For a time, geopolitical events and natural disasters had strong short-term effects on oil prices, such as </span>North Korean missile tests, <span>the </span>2006 conflict between Israel and Lebanon, <span>worries over </span>Iranian nuclear plans in 2006, Hurricane Katrina, <span>and various other factors.</span><span> By 2008, such pressures appeared to have an insignificant impact on oil prices given the onset of the </span>global recession.<span> The recession caused demand for energy to shrink in late 2008, with oil prices collapsing from the July 2008 high of $147 to a December 2008 low of $32.</span><span> Oil prices stabilized by August 2009 and generally remained in a broad trading range between $70 and $120 through November 2014,</span><span> before returning to 2003 pre-crisis levels by early 2016."</span>
It was know as the stock market crash or great depression
The correct option is A
Western Asia is a mainly arid and semi-arid territory, and may be subject to drought; In spite of this, there are extensive extensions of forests and fertile valleys. The region consists of pastures, dehesas, deserts and mountains. Water scarcity is a problem in many parts of Western Asia, for the population that grows steadily.
