The fate of the Iranian nationalization, ousted Dr Mossadegh, the architect of the nationalization process, faced a death sentence from the new government following the coup of 1954 designed by the British and Americans to resolve the nationalization dispute. Second, there was concern that nationalization would break up the majors’ control of the international oil […]
Read More »The British administration in Palestine was accepted by the League of Nations in 1923 as part of portioning the Ottoman Empire after the end of the First World War. United Nations Special Committee on Palestine (UNSCOP) was formed in 1947 at the request of Britain and it gave its proposals for the partition of […]
Read More »In 71 A.D, a number of Jews were driven out from Palestine which was then their homeland by the Romans and over the next 1700 years there were hardly a few Jews came back in the area to make the Arabs feel threatened. In the 7th century, Arabs had a vast empire which stretched from […]
Read More »Zionism is a political and national movement for the establishment of a Jewish state in the Palestinian region which is considered as a homeland. The word Zionism is derived from the word Zion which is associated with Jerusalem. Even though Theodor Herzl wasn’t the first one to suggest the establishment of the Jewish state, he […]
Read More »Oil crisis, a sudden rise in the price of oil that is often accompanied by decreased supply. Since oil provide the main source of energy for advanced industrial economics an oil crisis can endanger economic and political stability throughout the global economy Background: Since the founding of the State of Israel in 1948, the Middle […]
Read More »An oil boom is a period of large inflow of income as a result of high global oil prices or large oil production in an economy. Generally this short period initially brings economic benefits in terms of increased Gross Domestic Product growth but might later lead to a resource curse. INTRODUCTION: For decades the Middle […]
Read More »The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization, created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. The five Founding Members were later joined by ten other Members: Qatar (1961) – terminated its membership in January 2019; Indonesia (1962) – suspended its membership in […]
Read More »Introduction: Saddam Hussein was born in Apr 28, 1937 in Tirkit, this place is 100 miles away from Baghdad. When he became a teenager he moved to Baghdad and joined the now-infamous Baath party, after many years he led this party. So through this party he participated in many coup attempts. It helped him […]
Read More »In Middle East the oil discovery was first took place in Iran in the year of 1908. William D’Arcy he was a British business man who got the oil concession from the government of Iran. In the time of 19th century the western world countries mostly depended on the oil, during that time only the […]
Read More »It was a period between end of the First World War and beginning of the Second World War. It also known as between the war. Persia was neutral during the time of World War I, but at real it was affected by the allied forces and powers. In 1930 great depressing brought under development in […]
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