Download or read book The Oil Crisis written by Fiona Venn and published by Routledge. This book was released on 2016-07-01 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: In October 1973 two crises – one economic, one political – intersected, with dramatic and long term consequences for international relations. On 6 October, Egypt and Syria launched an attack on Israel, and within a few days the major Arab oil producers announced their support by use of the ‘oil weapon’, including a boycott of supplies for countries friendly to Israel and a programme of production cuts. This was followed by the unilateral declaration of a steep increase in the price of oil by the Organization of Petroleum Exporting Countries (OPEC). The result was international panic and world recession. Crude oil prices soared by a massive fourfold in just three months. The West's vulnerability had been exposed: it was being held hostage to oil. Yet, despite efforts to address this dependence on oil imports in following years, the 1979 Iranian Revolution triggered a further upward surge in prices. Today, the importance of oil remains at the forefront of the West's foreign policy calculations in the Middle East. In this fascinating and timely new look at the oil crisis, Fiona Venn examines these issues and the more unexpected effects of the crisis. She asks just how much really changed in the economic balance of power. Most importantly she argues that OPEC was used as a scapegoat for the world recession, which had been already underway when the crisis detonated.
Download or read book The Netherlands and the Oil Crisis written by Duco Hellema and published by Amsterdam University Press. This book was released on 2004 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This incisive study examines the role of the Netherlands in the October War and the oil crisis of 1973. The authors contend that the actions of the Dutch government were hypocritical: the Dutch government faced a domestic crisis when an oil embargo was levied against them by Arab countries for selling arms to Israel; yet after oil began arriving again two months later, the Dutch rejected a proposal for a stricter interventionist energy policy within the European Union. A probing and thought-provoking study, The Netherlands and the Oil Crisis draws on previously unavailable archival sources to shed new light on a pivotal moment in contemporary Dutch history.
Download or read book Oil Money written by David M. Wight and published by Cornell University Press. This book was released on 2021-07-15 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Oil Money, David M. Wight offers a new framework for understanding the course of Middle East–US relations during the 1970s and 1980s: the transformation of the US global empire by Middle East petrodollars. During these two decades, American, Arab, and Iranian elites reconstituted the primary role of the Middle East within the global system of US power from a supplier of cheap crude oil to a source of abundant petrodollars, the revenues earned from the export of oil. In the 1970s, the United States and allied monarchies, including the House of Pahlavi in Iran and the House of Saud in Saudi Arabia, utilized petrodollars to undertake myriad joint initiatives for mutual economic and geopolitical benefit. These petrodollar projects were often unprecedented in scope and included multibillion-dollar development projects, arms sales, purchases of US Treasury securities, and funds for the mujahedin in Afghanistan. Although petrodollar ties often augmented the power of the United States and its Middle East allies, Wight argues they also fostered economic disruptions and state-sponsored violence that drove many Americans, Arabs, and Iranians to resist Middle East–US interdependence, most dramatically during the Iranian Revolution of 1979. Deftly integrating diplomatic, transnational, economic, and cultural analysis, Wight utilizes extensive declassified records from the Nixon, Ford, Carter, and Reagan administrations, the IMF, the World Bank, Saddam Hussein's regime, and private collections to make plain the political economy of US power. Oil Money is an expansive yet judicious investigation of the wide-ranging and contradictory effects of petrodollars on Middle East–US relations and the geopolitics of globalization.
Download or read book Israel s Moment written by Jeffrey Herf and published by Cambridge University Press. This book was released on 2022-02-03 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new account of support for and opposition to Zionist aspirations in Palestine in the United States and Europe from 1945 to 1949.
Download or read book Oil and Security written by Stockholm International Peace Research Institute and published by . This book was released on 1974 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Thicker Than Oil written by Rachel Bronson and published by Oxford University Press. This book was released on 2008-06-05 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: For fifty-five years, the United States and Saudi Arabia were solid partners. Then came the 9/11 attacks, which sorely tested that relationship. In Thicker than Oil, Rachel Bronson reveals why the partnership became so intimate and how the countries' shared interests sowed the seeds of today's most pressing problem--Islamic radicalism. Drawing on a wide range of archival material, declassified documents, and interviews with leading Saudi and American officials, and including many colorful stories of diplomatic adventures and misadventures, Bronson chronicles a history of close, and always controversial, contacts. She argues that contrary to popular belief the relationship was never simply about "oil for security." Saudi Arabia's geographic location and religiously motivated foreign policy figured prominently in American efforts to defeat "godless communism." From Africa to Afghanistan, Egypt to Nicaragua, the two worked to beat back Soviet expansion. But decisions made for hardheaded Cold War purposes left behind a legacy that today enflames the Middle East. Looking forward, Bronson outlines the challenges confronting the relationship. The Saudi government faces a zealous internal opposition bent on America's and Saudi Arabia's destruction. Yet from the perspective of both countries, the status quo is clearly unsustainable.
Download or read book Oil and Sovereignty written by Rüdiger Graf and published by Berghahn Books. This book was released on 2018-04-23 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the decades that followed World War II, cheap and plentiful oil helped to fuel rapid economic growth, ensure political stability, and reinforce the legitimacy of liberal democracies. Yet waves of price increases and the use of the so-called “oil weapon” by a group of Arab oil-producing countries in the early 1970s demonstrated the West’s dependence on this vital resource and its vulnerability to economic volatility and political conflicts. Oil and Sovereignty analyzes the national and international strategies that American and European governments formulated to restructure the world of oil and deal with the era’s disruptions. It shows how a variety of different actors combined diplomacy, knowledge creation, economic restructuring, and public relations in their attempts to impose stability and reassert national sovereignty.
Download or read book OPEC the Inside Story written by Pierre Terzian and published by London : Zed Books ; Totowa, N.J., USA : Distributor, Biblio Distribution Center. This book was released on 1985 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Arab Oil Weapon written by Jordan J. Paust and published by . This book was released on 1974 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Weapon Wizards written by Yaakov Katz and published by Macmillan + ORM. This book was released on 2017-01-31 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A lively account of Israel's evolving military prowess...if The Weapon Wizards were a novel, it would be one written by Horatio Alger; if it were a biblical allegory, it would be the story of David and Goliath." —The New York Times Book Review From drones to satellites, missile defense systems to cyber warfare, Israel is leading the world when it comes to new technology being deployed on the modern battlefield. The Weapon Wizards shows how this tiny nation of 8 million learned to adapt to the changes in warfare and in the defense industry and become the new prototype of a 21st century superpower, not in size, but rather in innovation and efficiency—and as a result of its long war experience. Sitting on the front lines of how wars are fought in the 21st century, Israel has developed in its arms trade new weapons and retrofitted old ones so they remain effective, relevant, and deadly on a constantly-changing battlefield. While other countries begin to prepare for these challenges, they are looking to Israel—and specifically its weapons—for guidance. Israel is, in effect, a laboratory for the rest of the world. How did Israel do it? And what are the military and geopolitical implications of these developments? These are some of the key questions Yaakov Katz and Amir Bohbot address. Drawing on a vast amount of research, and unparalleled access to the Israeli defense establishment, this book is a report directly from the front lines.
Download or read book The Arab Oil Weapon of 1973 74 as a Double edged Sword written by Robert R. Copaken and published by . This book was released on 2003 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Arab Oil Weapon written by Paul Aarts and published by Emirates Center for Strategic Studies and Research. This book was released on 1999-11-03 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil is a multipurpose fluid and its production and consumption have a long history. Oil as a political weapon, however, only entered the fray after World War II. Aarts argues that apart from the "unique" circumstances of the late 1973 - when the oil weapon indeed scored a home run - both preceding and subsequent attempts to use oil as a political and economic weapon did not materialize. He argues that there is a "new oil order," with the Saudi-American condominium as its linchpin. Though the shape of things to come had been apparent for quite some time, the outcome of the 1991 Gulf War, so successful for the West, gave a fresh impetus to a radically different configuration of the oil market. As long as the Pax Americana is a political reality - in which ironically the United States itself is using oil as a political weapon - and as long as there is a buyer's market, it seems unthinkable that the oil exporters can ever again use oil as a weapon. In hindsight, the success of the late 1973, early 1974 looks very much to have been a one-shot edition, leaving the Arab world saddled with a permanent feeling of nostalgia.
Download or read book Panic at the Pump written by Meg Jacobs and published by Macmillan. This book was released on 2016-04-19 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A detailed historical narrative of the U.S. energy crisis in the 1970s and how policymakers responded to the turmoil"--
Download or read book Fractured Lands written by Scott Anderson and published by Anchor. This book was released on 2017-05-02 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the bestselling author of Lawrence in Arabia, a piercing account of how the contemporary Arab world came to be riven by catastrophe since the 2003 United States invasion of Iraq. In 2011, a series of anti-government uprisings shook the Middle East and North Africa in what would become known as the Arab Spring. Few could predict that these convulsions, initially hailed in the West as a triumph of democracy, would give way to brutal civil war, the terrors of the Islamic State, and a global refugee crisis. But, as New York Times bestselling author Scott Anderson shows, the seeds of catastrophe had been sown long before. In this gripping account, Anderson examines the myriad complex causes of the region’s profound unraveling, tracing the ideological conflicts of the present to their origins in the United States invasion of Iraq in 2003 and beyond. From this investigation emerges a rare view into a land in upheaval through the eyes of six individuals—the matriarch of a dissident Egyptian family; a Libyan Air Force cadet with divided loyalties; a Kurdish physician from a prominent warrior clan; a Syrian university student caught in civil war; an Iraqi activist for women’s rights; and an Iraqi day laborer-turned-ISIS fighter. A probing and insightful work of reportage, Fractured Lands offers a penetrating portrait of the contemporary Arab world and brings the stunning realities of an unprecedented geopolitical tragedy into crystalline focus.
Download or read book Blind Spot written by Khaled Elgindy and published by Brookings Institution Press. This book was released on 2019-04-02 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical examination of the history of US-Palestinian relations The United States has invested billions of dollars and countless diplomatic hours in the pursuit of Israeli-Palestinian peace and a two-state solution. Yet American attempts to broker an end to the conflict have repeatedly come up short. At the center of these failures lay two critical factors: Israeli power and Palestinian politics. While both Israelis and Palestinians undoubtedly share much of the blame, one also cannot escape the role of the United States, as the sole mediator in the process, in these repeated failures. American peacemaking efforts ultimately ran aground as a result of Washington’s unwillingness to confront Israel’s ever-deepening occupation or to come to grips with the realities of internal Palestinian politics. In particular, the book looks at the interplay between the U.S.-led peace process and internal Palestinian politics—namely, how a badly flawed peace process helped to weaken Palestinian leaders and institutions and how an increasingly dysfunctional Palestinian leadership, in turn, hindered prospects for a diplomatic resolution. Thus, while the peace process was not necessarily doomed to fail, Washington’s management of the process, with its built-in blind spot to Israeli power and Palestinian politics, made failure far more likely than a negotiated breakthrough. Shaped by the pressures of American domestic politics and the special relationship with Israel, Washington’s distinctive “blind spot” to Israeli power and Palestinian politics has deep historical roots, dating back to the 1917 Balfour Declaration and the British Mandate. The size of the blind spot has varied over the years and from one administration to another, but it is always present.
Download or read book Key to the Sinai written by George Walter Gawrych and published by . This book was released on 1990 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oilcraft written by Robert Vitalis and published by Stanford University Press. This book was released on 2020-07-14 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A valuable addition to the new wave of critical studies on the history of oil and energy policy”—and a bracing corrective to longstanding myths (James M. Gustafson, Diplomatic History). Conventional wisdom tells us that the US military presence in the Persian Gulf is what guarantees American access to oil; that the “special” relationship with Saudi Arabia is necessary to stabilize an otherwise volatile market; and that these assumptions in turn provide Washington enormous leverage over Europe and Asia. But the conventional wisdom is wrong. Robert Vitalis debunks the myths of “oilcraft”, a line of magical thinking closer to witchcraft than statecraft. Oil is a commodity like any other: bought, sold, and subject to market forces. Vitalis exposes the suspect fears of oil scarcity and investigates the geopolitical impact of these false beliefs. In particular, Vitalis shows how we can reconsider the question of the US-Saudi special relationship, which confuses and traps many into unnecessarily accepting what they imagine is a devil’s bargain. Freeing ourselves from the spell of oilcraft won’t be easy, but the benefits make it essential.
