Oil first discovered in Persia
1908
Anglo Persian oil company
1909
Britain persuaded France to transfer Mosul to the British zone in return for guaranteed role in Mosul oil
1919
ARAMCO Arabian American oil company developed Saudi Arabia’s major natural resource the company helped to train young Saud’s with Saudi elite receiving part of their education at American uni’s
1944
Anglo Iranian oil company nationalised
1951
Mossadeq coup
1953
Formation of the OPEC in an attempt to assert control of their most valuable natural resource
1960
Oil as a weapon, US oil embargo
1973
Gulf wars, feared Iranian control of more oil
1980-2003
Gulf wars, feared Iranian control of more oil
1980-2003