The Oil Kings

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The Oil Kings: How the U.S., Iran, and Saudi Arabia Changed the Balance of Power in the Middle East
The Oil Kings.jpg
First edition
AuthorAndrew Scott Cooper
Publisher Simon and Schuster

The Oil Kings: How the U.S., Iran, and Saudi Arabia Changed the Balance of Power in the Middle East is a 2011 book by Andrew Scott Cooper, published by Simon and Schuster. It documents the relationships between the United States, Iran, and Saudi Arabia in the mid-20th century energy industry.

Contents

The book discusses Henry Kissinger, [1] the 1970s oil embargo, and the Iranian Revolution. [2] Cooper had stated that the story on how the U.S. became dependent on Saudi Arabia and how U.S. reliance on oil began was "Less well known" compared to the general understanding of U.S. reliance on oil. [3]

Brian Black, a history and environmental studies teacher at Pennsylvania State University, stated in the Christian Science Monitor that the book is "a record that adds significant insight to one of the most important periods in the American relationship with petroleum." [3]

Background

Cooper used several sources that, until shortly before the book's publication, had been classified information. [3]

Content

The beginning shows how Richard Nixon met Mohammad Reza Pahlavi, the Shah of Iran, at the funeral of former U.S. President Dwight D. Eisenhower. Initially the U.S. and Iran enjoyed a close relationship, but during the 1970s oil embargo Iran insisted on keeping oil prices high, so the US switched to using Saudi Arabia as its primary ally. [2] Iran's economy experienced significant problems after the Saudis modified production to decrease oil prices. According to Black, "Oil Kings" follows the model of the film "Syrianna"[ sic ] in portraying the back-channel politics that control the flow of oil and the global politics that emanate from that dynamic." [3]

The Oil Kings details Nixon and Pahlavi in particular. Black states that the book has relatively little documentation. [3]

Reception

Christian Emery of the London School of Economics stated that the book has "prescient and often compelling" analysis and "is well-written", concluding that it is "a serious and significant contribution to the existing scholarship" even though the author "slightly overstates his case". [4] Emery argued that the analysis in the change of relationship between the US and the Middle Eastern oil producers in the 1970s is "quite narrow". [4]

Brandon Wolfe-Hunnicutt stated in a review for the International Journal of Middle East Studies that the book is "an intriguing narrative that should capture the attention of specialists and nonspecialists alike." [5]

Black states that the book "excels" due to the quality of its original research as well as "discipline" and "virtue of focus". [3]

Joan Oleck, a freelance writer in New York, wrote in an article for The National , a newspaper in Abu Dhabi, that she had a positive impression of the book. She stated that at times the author used more content than necessary, such as too many quotes. [2]

Publishers Weekly stated that the book is "both a vivid study in sycophancy and backstabbing and a shrewd critique of Kissingerian geo-strategy." [1]

Kirkus Reviews stated that the book was "A revelatory, impressive debut." [6]

Related Research Articles

<span class="mw-page-title-main">Foreign relations of Saudi Arabia</span> Foreign relations of Saudi Arabia

Foreign relations of Saudi Arabia refers to diplomatic and trade relations between Saudi Arabia and other countries around the world. The foreign policy of Saudi Arabia is focused on co-operation with the oil-exporting Gulf States, the unity of the Arab world, Islamic solidarity, and support for the United Nations. In practice, the main concerns in recent years have been relations with the US, the Saudi Arabian–led intervention in Yemen, the Israeli–Palestinian conflict, Iraq, the perceived threat from the Islamic Republic of Iran, and the effect of oil pricing. Saudi Arabia contributes large amounts of development aid to Muslim countries. From 1986 to 2006, the country donated £49 billion in aid.

<span class="mw-page-title-main">1973 oil crisis</span> OAPEC petroleum embargo

The 1973 oil crisis or first oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries (OAPEC), led by Saudi Arabia, proclaimed an oil embargo. The embargo was targeted at nations that had supported Israel during the Yom Kippur War. The initial nations targeted were Canada, Japan, the Netherlands, the United Kingdom and the United States, though the embargo also later extended to Portugal, Rhodesia and South Africa. By the end of the embargo in March 1974, the price of oil had risen nearly 300%, from US$3 per barrel ($19/m3) to nearly $12 per barrel ($75/m3) globally; US prices were significantly higher. The embargo caused an oil crisis, or "shock", with many short- and long-term effects on global politics and the global economy. It was later called the "first oil shock", followed by the 1979 oil crisis, termed the "second oil shock".

Petrocurrency is a word used with three distinct meanings, often confused:

  1. Dollars paid to oil-producing nations —a term invented in the 1970s meaning trading surpluses of oil-producing nations.
  2. Currencies of oil-producing nations which tend to rise in value against other currencies when the price of oil rises.
  3. Pricing of oil in US dollars: currencies used as a unit of account to price oil in the international market.

For further details see the "Energy crisis" series by Facts on File.

<span class="mw-page-title-main">Abdullah Tariki</span> Saudi politician (1919–1997)

Abdullah Tariki, also known as Red Sheikh, was a Saudi politician and government official. He was the first Saudi oil minister appointed by King Saud, and co-founder of Organization of Petroleum Exporting Countries (OPEC) along with Venezuelan minister Juan Pablo Pérez Alfonso.

<span class="mw-page-title-main">Saudi Arabia–United States relations</span> Bilateral relations between two countries

Bilateral relations between Saudi Arabia and the United States began in 1933 when full diplomatic relations were established and became formalized in the 1951 Mutual Defense Assistance Agreement. Despite the differences between the two countries—an Islamic absolute monarchy, and a secular constitutional republic—the two countries have been allies ever since. The core logic underpinning the relationship is that the United States of America (USA) provides military protection of the Kingdom of Saudi Arabia (KSA) in exchange for a reliable oil supply from the Saudis, pricing of oil in USA dollars, and Saudi support for USA foreign policy operations across the world. However, the Saudi Ambassador to the US, Reema bint Bandar says the relationship in recent years has shifted from “oil for security” to one that is built around regional growth, food and energy security, stability, and climate change. The current status of the alliance was given 15 July 2022 in The Jeddah Communique: A Joint Statement Between the United States of America and the Kingdom of Saudi Arabia that was attended by President Joe Biden in Jeddah.

<span class="mw-page-title-main">United States foreign policy in the Middle East</span> Activities and objectives of the United States in the Middle East

United States foreign policy in the Middle East has its roots in the 19th-century Barbary Wars that occurred shortly after the 1776 establishment of the United States as an independent sovereign state, but became much more expansive in the aftermath of World War II. With the goal of preventing the Soviet Union from gaining influence in the region during the Cold War, American foreign policy saw the deliverance of extensive support in various forms to anti-communist and anti-Soviet regimes; among the top priorities for the U.S. with regards to this goal was its support for the State of Israel against its Soviet-backed neighbouring Arab countries during the peak of the Arab–Israeli conflict. The U.S. also came to replace the United Kingdom as the main security patron for Saudi Arabia as well as the other Arab states of the Persian Gulf in the 1960s and 1970s in order to ensure, among other goals, a stable flow of oil from the Persian Gulf. As of 2022, the U.S. has diplomatic relations with every country in the Middle East except for Iran, with whom relations were severed after the 1979 Islamic Revolution, and Syria, with whom relations were suspended in 2012 following the outbreak of the Syrian Civil War.

The United States (U.S.) Central Intelligence Agency (CIA) has been involved in covert actions and contingency planning in Iraq ever since the 1958 overthrow of the Iraqi monarchy, although the historiography of Iraq–United States relations prior to the 1980s is considered relatively underdeveloped, with the first in-depth academic studies being published in the 2010s. While the CIA was not directly involved in the 1963 Ba'athist coup that ousted Abd al-Karim Qasim, it had been plotting to remove Qasim from mid-1962 until his overthrow, developing contacts with Iraqi opposition groups including the Ba'ath Party and planning to "incapacitate" a high-ranking member of Qasim's government with a poisoned handkerchief. After the 1968 Ba'athist coup appeared to draw Iraq into the Soviet sphere of influence, the CIA colluded with the then-monarchial government of Iran to destabilize Iraq by arming Kurdish rebels, who suffered a total defeat after Iran and Iraq resolved their border dispute. Beginning in 1982, the CIA began providing Iraq intelligence during the Iran–Iraq War. The CIA was also involved in the failed 1996 coup against Saddam Hussein.

The Iranian Revolution of 1979, in which Shah Mohammed Reza Pahlavi was overthrown and replaced by an Islamist government led by Ruhollah Khomeini, has been the subject of conspiracy theories alleging Western involvement, in particular, that the United States and the United Kingdom secretly opposed the Shah because his White Revolution and Iran's growing independence was unfavorable to their interests in Iranian petroleum. In his own memoirs, Answer to History, the Shah alleges that Western forces most prominently the United Kingdom, the United States, and Big Oil conspired against him all for their own reasons while most notably, he claims due to his manipulation of oil prices.

<span class="mw-page-title-main">Iran–Saudi Arabia relations</span> Bilateral relations

Iran and Saudi Arabia have had no diplomatic relations following the attack on the Saudi embassy in Tehran in January 2016 after Saudi Arabia executed Sheikh Nimr al-Nimr, a Shia cleric. Bilateral relations between the countries have been strained over several geopolitical issues such as the interpretations of Islam, aspirations for leadership of the Islamic world, oil export policy and relations with the United States and other Western countries.

<span class="mw-page-title-main">Mohammad Reza Pahlavi</span> Shah of Iran from 1941 to 1979

Mohammad Reza Pahlavi, also known as Mohammad Reza Shah, was the last Shah (King) of the Imperial State of Iran from 16 September 1941 until his overthrow in the Iranian Revolution on 11 February 1979. Owing to his status, he was usually known as the Shah.

The Siahkal incident or Siahkal movement refers to a guerrilla operation against Pahlavi government organized by Iranian People's Fadaee Guerrillas that happened near Siahkal town in Gilan on February 8, 1971. The guerrillas attacked a gendarmerie post at Siahkal, killing three policemen and freeing two previously arrested guerrillas.

<span class="mw-page-title-main">1970s energy crisis</span> Subclass of energy crisis

The 1970s energy crisis occurred when the Western world, particularly the United States, Canada, Western Europe, Australia, and New Zealand, faced substantial petroleum shortages as well as elevated prices. The two worst crises of this period were the 1973 oil crisis and the 1979 energy crisis, when, respectively, the Yom Kippur War and the Iranian Revolution triggered interruptions in Middle Eastern oil exports.

The Arab Cold War was a period of political rivalry in the Arab world from the early 1950s to the late 1970s as part of the broader Cold War. The generally accepted beginning of the Arab Cold War was the Egyptian revolution of 1952, which ultimately led to Gamal Abdel Nasser becoming President of Egypt in 1956. Thereafter, newly established Arab republics defined by revolutionary secular nationalism, and largely drawing inspiration from Nasser's Egypt, were engaged in political rivalries of varying degrees of ferocity with conservative traditionalist Arab monarchies, led chiefly by Saudi Arabia. The approximate end point of this period of internecine rivalry and conflict is generally viewed as being the 1979 Iranian Revolution, which culminated in the installation of Ayatollah Ruhollah Khomeini as the leader of Iran's theocratic government. Thereafter, the bitterness of intra-Arab strife was eclipsed by a new era of Arab-Iranian tensions.

<span class="mw-page-title-main">17 July Revolution</span> 1968 Baathist coup in Iraq

The 17 July Revolution was a bloodless coup in Iraq in 1968 led by Ahmed Hassan al-Bakr, Abd ar-Razzaq an-Naif, and Abd ar-Rahman al-Dawud that ousted President Abdul Rahman Arif and Prime Minister Tahir Yahya and brought the Iraqi Regional Branch of the Arab Socialist Ba'ath Party to power. Ba'athists involved in the coup as well as the subsequent purge of the moderate faction led by Naif included Hardan al-Tikriti, Salih Mahdi Ammash, and Saddam Hussein, the future President of Iraq. The coup was primarily directed against Yahya, an outspoken Nasserist who exploited the political crisis created by the June 1967 Six-Day War to push Arif's moderate government to nationalize the Western-owned Iraq Petroleum Company (IPC) in order to use Iraq's "oil as a weapon in the battle against Israel." Full nationalization of the IPC did not occur until 1972, under the Ba'athist administration. In the aftermath of the coup, the new Iraqi government consolidated power by denouncing alleged American and Israeli machinations, publicly executing 14 people including 9 Iraqi Jews on fabricated espionage charges amidst a broader purge, and working to expand Iraq's traditionally close relations with the Soviet Union.

<span class="mw-page-title-main">Pahlavi Iran</span> Country in Western Asia (1925–1979)

The Imperial State of Iran was the official name of Iran under the rule of the Pahlavi dynasty.

<span class="mw-page-title-main">Iran–Kuwait relations</span> Bilateral relations

Kuwait and Iran have longstanding historical ties spanning hundreds of years, particularly in the pre-oil era. Relations were negatively influenced by the Iranian Revolution in 1979 and the Iran-Iraq War in the 1980s. Relations improved after the Iraqi invasion of Kuwait.

<span class="mw-page-title-main">Iran–Saudi Arabia proxy conflict</span> Indirect conflict between Iran and Saudi Arabia

The Iran–Saudi Arabia proxy conflict, sometimes also referred to as the Middle Eastern Cold War, is the ongoing struggle for influence in the Middle East and other Muslim regions between Iran and Saudi Arabia. The two countries have provided varying degrees of support to opposing sides in nearby conflicts, including the civil wars in Syria and Yemen; and disputes in Bahrain, Lebanon, Qatar, and Iraq. It also extends to disputes or broader competition in other regions such as Nigeria, Pakistan, Afghanistan and other parts of North and East Africa, South Asia, Central Asia, Southeast Asia, the Balkans, and the Caucasus.

<span class="mw-page-title-main">United States presidential visits to the Middle East</span>

Ten United States presidents have made presidential visits to the Middle East. The first trips by an incumbent president to countries in the Middle East were those of Franklin D. Roosevelt, and were an offshoot of Allied diplomatic interactions during World War II. To date, 16 visits have been made to Egypt, 12 to Saudi Arabia, 11 to Israel, six to both Iraq, Jordan and Turkey, four to Iran, three to the Palestinian Territories, two to both Kuwait and Syria, one to Bahrain, Georgia, Oman, Qatar, and to the United Arab Emirates. No incumbent American president has yet visited Armenia, Azerbaijan, Cyprus, Lebanon, and Yemen.

<span class="mw-page-title-main">Iran–Jordan relations</span> Bilateral relations

Islamic Republic of Iran and Hashemite Kingdom of Jordan share a long but complicated relationship which has, at times, been tense and unstable. Jordan has an embassy in Tehran.

References

Reference notes

  1. 1 2 "The Oil Kings: How the U.S., Iran, and Saudi Arabia Changed the Balance of Power in the Middle East". Publishers Weekly . 2011-07-04. Retrieved 2018-11-30.
  2. 1 2 3 Oleck, Joan (2011-09-16). "The Oil Kings: How Nixon courted the shah". The National . Retrieved 2018-11-30.
  3. 1 2 3 4 5 6 Black, Brian (2011-08-17). ""Oil Kings" and "Barbarians of Oil"". Christian Science Monitor . Retrieved 2018-11-30.
  4. 1 2 Emery, p. 837.
  5. Wolfe-Hunnicutt, p. 174.
  6. "THE OIL KINGS". Kirkus Reviews . 2011-06-28. Retrieved 2018-11-30. - Print date: July 1, 2011