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Essay

Understanding Oil

Essay specific features

 

Issue:

Business

 

Written by:

Janet B

 

Date added:

July 25, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 975

 

Was viewed:

8861 times

 

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Essay content:

Mideast Policy. During most of the 20th century, U.S. businesses have worked on attaining oil rights and concessions from countries in the Middle East and Eastern Europe. After WWI, secret back door deals by our State Dept. yielded oil rights from then defeated Turkey to fields in what is now Iraq and Saudi Arabia, in return for looking the other way at a crime against humanity, the Genocide of the Armenians by the Turks...
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Oil profits have been the motivating factors behind many attempts at counterinsurgency of democratic regimes by the CIA and the U.S in the Middle East (such as Iran in the 1950s, where the Shah replaced the Prime Minister who refused to give up oil rights to the U.S., and since the people couldnt deal with the Shah, an extremist government headed by the Ayatollah Khomeini ultimately prevailed)...
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