By F. William Engdahl
This booklet is a gripping account of the murky international of the overseas oil and its function in international politics. Scandals approximately oil are commonplace to so much people. From George W. Bush's election victory to the wars in Iraq and Afghanistan, US politics and oil take pleasure in a controversially shut courting. the U.S. economic climate depends the inexpensive and limitless provide of this unmarried gas. William Engdahl takes the reader via a historical past of the oil industry's grip at the global economic climate. His revelations are startling.
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Extra info for A Century of War: Anglo-American Oil Politics and the New World Order
But, as we shall soon see, the secret weapon was to emerge later: the special relationship of His Majesty’s Treasury with the New York banking syndicate of Morgan. OIL IN THE GREAT WAR Between 1914 when fighting began and 1918 when it ended, petroleum had emerged as the recognized key to success of a revolution in military strategy. In the age of air warfare, mobile tank warfare and swifter naval warfare, abundant and secure supplies of the new fuel were becoming increasingly essential. Engdahl 01 chap01 37 24/8/04 8:17:57 am 38 A Century of War Under the foreign policy guidance of Sir Edward Grey, Britain, in the months leading up to August 1914, precipitated what was to become the bloodiest, most destructive war in modern history.
Britain had been forced, through her relative weakness following the disastrous failure of the Gallipoli expedition in 1915, to grant France the oil concessions of the Mosul, in addition to recognition of previous French claims over the Levant. But Britain’s loss of the Mosul oil riches was only a temporary tactical expedient in her long-term designs to dominate world petroleum supplies, as we shall see. ’SELLING THE SAME HORSE TWICE’ The major embarrassment for Britain, when details of the secret Sykes–Picot agreement became public, was the simultaneous and directly contradictory assurances England had given Arab leaders, in order to secure Arab revolt against Turkish rule during the war.
German–Turkish relations had become increasingly important over those ten years. Germany had decided to build a strong economic alliance with Turkey, beginning in the 1890s, as a way to develop potentially vast new markets to the East for the export of German industrial goods. The Berlin–Baghdad railway project was to be the centerpiece of a brilliant and quite workable economic strategy. Potential supplies of oil were lurking in the background and Britain stood opposed. The seeds of the animosities tragically being acted out in the Middle East from the 1990s to the present day trace directly back to this period.