14.03.2013 - The Saudi oil war on Iran
When Prince Turki al-Faisal suggested last year that the House of Saud would join in the U.S.-led sanctions against Iranian oil, by seeking to displace Tehranís oil exports from the global economy, he was not referring to a novel idea. Indeed, Saudi Arabia has led two prior oil wars against Iran. As detailed in Andrew Scott Cooperís The Oil Kings: How the U.S., Iran, and Saudi Arabia Changed the Balance of Power in the Middle East, the first Saudi oil war against Iran was intended to weaken the Shahís modernization programs. The Saudis feared Iranís rise as a regional power, and wanted to carve out space for independent decision-making in OPEC, which at the time was dominated by Iran...........................................Full Article: Source
Print