The section Middle East: White Paper on International Economy and ...

The Middle East was a place oozing from ancient oil

The section Middle East: White Paper on International Economy and ... The Middle East was a place oozing from ancient petroleum, but was not to be little attention until the 20th century beginning. Originally, but oil of mining that was done around the United States, was the Western European countries that hated this has started looking for oil in countries around the world. And it becomes clear that upon entering the 1980s is sleeping enormous oil in the Middle East. Around this time, but the center of oil production in the Middle East were Iran and Iraq, the second-order explosive oil boom of Saudi Arabia Dammam, (none of the discoveries that year) Burgan both the oil fields of Kuwait began in earnest in oil extraction It came after the war. However, during this period the Gulf countries the technology to mine the oil does not have, oil field is mined by international oil capital, called the major, the Middle East countries in a slight tax only his own bosom obtained from there with the concession fee I did not enter. And, maintenance of the oil revenues of oil-producing countries against the measure to 0 years, OPEC will be established for the purpose of increase.

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