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The Oil Kings How the U.S., Iran, and Saudi
Arabia Changed the Balance of Power in the Middle
East
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The Oil Kings How the U.S., Iran, and Saudi
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East
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Description
8220Reying 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,8221 and tells
why in the 1970s the U.S. switched its Middle
East allegiance from the Shah of Iran to the
Saudi royal family.While America struggles with a
recess ion, oil prices soar, revolution rocks
the Middle East, European nations risk defaulting
on their loans, and the world teeters on
the brink of a possible global financial crisis.
This is not a description of the present,
however, but the 1970s. In The Oil Kings, Andrew
Cooper tells the story of how oil came to
dominate U.S. domestic and foreign policy.
Drawing on newly declassified documents and
interviews with some of the key figures of the
time, Cooper follows the political posturing and
backroom maneuvering that led the U.S. to switch
to OPEC as its main supplier of oil from the Shah
of Iran, a loyal ally and leading customer for
American weapons. The subsequent loss of
U.S. income destabilized the Iranian economy,
while the U.S. embarked on a long
relationship with the autocratic Saudi kingdom
that continues to this day. Brilliantly reported
and filled with astonishing revelations8212inlud
ing how close the U.S. came to sending troops
into the Persian Gulf to break the Arab oil
embargo and how U.S. officials offered to sell
nuclear power and nuclear fuel to the
Shah8212Th Oil Kings is the history of an era
that we thought we knew, an era whose momentous
reverberations still influence events at home and
abroad today.