(Excerpted from Chapter 5: Persian Gulf Rent-a-Sheik: Big Oil & Their Bankers…)
It shouldn’t have surprised anyone when the six nations which make up the Gulf Cooperation Council (GCC) called on their Western protectors to enforce a no-fly zone in the skies over Libya last year. Why would these Arab nations- Saudi Arabia, Kuwait, Bahrain, UAE, Oman and Qatar- clamor for an act of war against another Arab oil-producer? A brief history of the GCC is in order.
The Iranian Revolution of 1979 was a watershed event. With the Shah deposed and the Iranian Consortium nationalized, the Four Horsemen- Exxon Mobil, Chevron Texaco, BP Amoco and Royal Dutch/Shell- and their Rockefeller/Rothschild owners sought to create a more comprehensive security system for the safeguarding of Persian Gulf crude oil. The House of Saud was fast becoming a lightning rod for Arab nationalists, who saw the…
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