1. Iraqi Oil
Oil is plentiful in the Middle East with the two largest holders, Saudi Arabia and Iraq, managing the oil price time bomb. ... While controlling Iraq and Iran, Britain now had seemed to cut off the western world from invading India as easily as it could in the pre-World War I era. ... The United States decided to supply the Iraqis with intelligence, and committed the US Navy to safeguarding the flow of oil out of (and the flow of money and arms into) Iraq, but secretly sold arms to Iran in order to fund anti-Communist rebels in Nicaragua, and gain influence with hostage-holding Muslim militi...
- Word Count: 2748
- Approx Pages: 11
- Grade Level: High School