The Impact Of The Discovery Of Oil In The Middle East

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...in 1908 (Demirmen, 2003). It was an event that would change the history of the Middle East and the rest of the world. It was oil that would give the region more power and influence in the world. By 1911, the Anglo-Persian Oil Company (APOC) had set up shop, producing the oil (Country Studies, 2006). The real activity began in the 1930s, after the War and during a time when Arab states were weak and the rulers were only able to rule with the help of the British (Country Studies, 2006). Subsequently, oil was discovered in Bahrain in 1933 and in Saudi Arabia in 1938 (Country Studies, 2006). Both these later discoveries were made by Standard Oil Company of California (Country Studies, 2006).
The surge in activity in the 1930s was the result of the United Kingdom and the United States competing...

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