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"Control the oil and you control entire nations," said Kissinger. Oil is an instrument of world domination in the grip of the Anglo-American empire. This is a story about power, power over entire nations and continents. Century of War is a gripping account of the murky world of the international oil industry and its role in world politics. Scandals about oil are familiar to most of us. From George W. Bush's election victory to the wars in Iraq and Afghanistan, US politics and oil enjoy a controversially close relationship. William Engdahl takes the reader through a history of the oil industry's grip on the world economy. His revelations are startling. A thin red line runs through modern world history, covered in oil and blood. This book is not for the faint of heart, but for those who can see beyond the daily media manipulation of reality that is called news.
Considers ratification of Great Britain-U.S. international petroleum trade agreement.
Middle East oil and Anglo-American special relations were among the most contentious issues during the Cold War. Oil is crucial to our understanding of Britain's and the USA's Cold War policies in the Middle East. This book presents an in-depth study of the issues of the period and the legacy of oil in the post Cold war era.
This book aims to explore Anglo-American defence policies in the Middle East between 1945 and 1955 and the attempts of these two Western powers to contain the Soviet expansion towards the region. It does not attempt to offer a comprehensive history of British and American policies in the Middle East. Instead, it aims to explore those policies with a particular focus on the problems of Middle East defence. It also seeks to determine the aims behind the proposals of MEC, MEDO, NTDC and BP, their failings, and the struggle that was undertaken against them by hostile countries, such as Egypt, India and the Soviet Union. It examines the events surrounding their formation, development and collapse. Furthermore, it explores the policies of the regional countries, namely Turkey, Pakistan, Iran and Iraq. Thus, it poses the questions of how the participating countries perceived the question of Middle East defence, what their basic aims were, and what problems they faced while trying to achieve these aims and implementing their chosen solutions.
The history of oil is a chapter in the story of Europe's geopolitical decline in the twentieth century. During the era of the two world wars, a lack of oil constrained Britain and Germany from exerting their considerable economic and military power independently. Both nations' efforts to restore the independence they had enjoyed during the Age of Coal backfired by inducing strategic over-extension, which served only to hasten their demise as great powers. Having fought World War I with oil imported from the United States, Britain was determined to avoid relying upon another great power for its energy needs ever again. Even before the Great War had ended, Whitehall implemented a strategy of developing alternative sources of oil under British control. Britain's key supplier would be the Middle East - already a region of vital importance to the British Empire - whose oil potential was still unproven. As it turned out, there was plenty of oil in the Middle East, but Italian hostility after 1935 threatened transit through the Mediterranean. A shortage of tankers ruled out re-routing shipments around Africa, forcing Britain to import oil from US-controlled sources in the Western Hemisphere and depleting its foreign exchange reserves. Even as war loomed in 1939, therefore, Britain's quest for independence from the United States had failed. Germany was in an even worse position than Britain. It could not import oil from overseas in wartime due to the threat of blockade, while accumulating large stockpiles was impossible because of the economic and financial costs. The Third Reich went to war dependent on petroleum synthesized from coal, domestic crude oil, and overland imports, primarily from Romania. German leaders were confident, however, that they had enough oil to fight a series of short campaigns that would deliver to them the mastery of Europe. This plan derailed following the victory over France, when Britain continued to fight. This left Germany responsible for Europe's oil requirements while cut off from world markets. A looming energy crisis in Axis Europe, the absence of strategic alternatives, and ideological imperatives all compelled Germany in June 1941 to invade the Soviet Union and fulfill the Third Reich's ultimate ambition of becoming a world power - a decision that ultimately sealed its fate.