The American Empire in a Changing World


Thursday, June 21, 2012

''The Politics of Oil''

From The European Magazine

''Until the Islamic Revolution of 1979, Israel’s top oil supplier was Iran. The deal was a blunt calculation by the Shah of Teheran: Israel and Iran were the cornerstones of America’s influence in the region. But when the revolution toppled the Shah, trade was halted and Israel had to look for different suppliers. Today, its oil is sourced through the open market from countries such as Russia, Mexico, Colombia, and Angola.''

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