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Showing posts with the label "Dutch Shell"
Why the Gulf Wealth Matters to Britain [and the US] 
A summary 
Anglo-American interest in the enormous hydrocarbon reserves of the Persian Gulf does not derive from a need to fuel Western consumption. 
The US has never imported more than a token amount from the Gulf and for much of  the postwar period has been a net oil exporter. Anglo-American  involvement in  the Middle East has always been principally about the strategic advantage gained from controlling Persian Gulf hydrocarbons, not Western oil needs. 
What remains a US strategy: the US and Britain would provide Saudi Arabia and  other key Gulf monarchies with  ‘sufficient military supplies to preserve internal security’. 
In a piece for the Atlantic a few months  after  9/11, Benjamin Schwarz and Christopher Layne explained that  Washington 'assumes responsibility for stabilising the region’ because  China, Japan and  Europe  will  be dependent on its resource...