Why was the oil business faced with ruin early in its history?

Turmoil in Iran, a major petroleum exporting country, caused the global supply of crude oil to decline significantly, triggering noteworthy shortages, and a surge in panic buying—within 12 months, the price per barrel of this widely used resource almost doubled to $39.50.

Assemblies do not have written codes of laws. laws are matters for magistrates and courts, not assemblies. codes of law are things such as civil law, criminal law, and constitutional law. what assemblies have are procedures regarding debating, voting and other business they might carry out.  also note that rome had three assemblies: the assembly of the soldiers, the assembly of the tribes, and the plebeian councils.