Oil Kings How the U. S., Iran, and Saudi Arabia Changed the Balance of Power in the Middle East
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Description: “Relying on a rich cache of previously classified notes, transcripts, cables, policy briefs, and memoranda, Andrew Cooper explains how oil drove, even corrupted, American foreign policy during a time when Cold War imperatives still applied,”* and tells why in the 1970s the U.S. switched its Middle East allegiance from the Shah of Iran to the Saudi royal family.Amid the oil shocks of the early 1970s, there was one man the U.S. could rely on: the Shah of Iran. The Shah sold us oil; we sold him weapons. But the U.S. and other industrialized economies could not tolerate repeated annual double digit increases in oil prices. During the 1976 election campaign, President Gerald Ford decided that he had to find a country that would break the OPEC monopoly and sell the U.S. oil more cheaply. On the advice of Treasury Secretary William Simon—and against the advice of Secretary of State Henry Kissinger—Ford made a deal to sell advanced weaponry to the Saudis in exchange for a more moderate price hike in oil. The Shah’s economy was destabilized, and disaffected elements mobilized to overthrow him. The U.S. had embarked on a long relationship with the autocratic Saudi kingdom that continues to this day. Brilliantly reported and filled with astonishing details about some key figures of the time, The Oil Kings is a new history of an era that we thought we knew, an era when momentous events occurred that still reverberate today.
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All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.
List price: $21.00
Publisher: Simon & Schuster, Incorporated
Publication date: 9/11/2012
Size: 6.25" wide x 9.75" long x 1.25" tall
Andrew Scott Cooper holds advanced degrees from Columbia University, University of Aberdeen, and Victoria University. Dr. Cooper has worked at the United Nations and Human Rights Watch and is a columnist for PBS/Frontline's Tehran Bureau.
|A Note on the Use of Iranian Imperial Tides|
|A Kind of Super Man|
|Guardian of the Gulf|
|The Spirit of '76|
|Epilogue: The Last Hurrah|