Venezuela’s Role in World War II (1939–1945) Venezuela remained officially neutral for the bulk of World War II, focused on protecting its vital oil industry and balancing diplomatic pressure from both the Axis and Allied powers. The country officially declared war on the Axis powers (Germany, Italy, and Japan) in February 1945, but its military did not engage directly in … [Read more...] about Venezuela: Politics, Oil, Cuba, Drugs & Power — Timeline with Films
Oil
AFTER THE COLD WAR: 18 GOOD BOOKS ABOUT OIL
In the wake of the Arab spring, there's been a lot of talk about the changing balance of power among the Middle East's major oil producers. Conversation has centered, especially, on the role of the Islamic Republic of Iran and the Kingdom of Saudi Arabia. Analysts report that Saudi Arabia came to the OPEC ministerial meeting in Vienna (June 2011) determined to get oil … [Read more...] about AFTER THE COLD WAR: 18 GOOD BOOKS ABOUT OIL
LIBYA’S COLD WAR RESIDUAL: OIL OR MIGRATION?
The 1969 overthrow of King Idris and his pro American monarchy put Libya on a collision course with the United States. Libya's new ruler, Mu'ammar Qaddafi had expansionist plans. Libyan oil would provide the financing. The Libyan oil boom turned into a frenzy when the Six-Day War closed the Suez Canal in 1967. About the same time, experts predicted political stability in … [Read more...] about LIBYA’S COLD WAR RESIDUAL: OIL OR MIGRATION?
COLD WAR LIBYA: ALL ABOUT OIL
When the Cold War began, Libya held little importance for either superpower. Yes, it was the home to Wheelus Air Force base, one of the major American bomber bases in the Eastern Hemisphere, but that's about it. Leading exports were esparto, a type of grass used to make paper for currency bills, and scrap metal scavenged from the rusting tanks and trucks and weaponry that had … [Read more...] about COLD WAR LIBYA: ALL ABOUT OIL
