almost everything everyone writes in here is true
what is missed by almost everyone is the root cause of the problem: the british and french during and after ww1: the balfour declaration, the skykes-picot letters, and the betrayal of Faisal (see: Lawrence of Arabia) at the treaty of versailles (1919)
lines were drawn on maps and regimes were installed over the next 20 years
on 3 March 1938, Standard Oil drilled their 7th wildcat well 10 miles south of Dharan, and Aramco was born
the Holocaust happens
May 1948: Israel declares itself, British Mandate of Palestine ends, Standard Oil buys 40% of Aramco, US is first to recognize Israel
1950: Saudis agree to 50% profit split forever between Standard Oil and Aramco (1973: Standard Oil changes it's name to Exxon, 1999: ExxonMobil merger)
RoyalDutch Shell and British Petroleum honorable mention for the next 50 years
1953: Mossadegh nationalizes Iranian petro which fucks the Brits hard and dry; 1st coup to overthrow him is botched; Shah parties in Italy; 2nd coup works, Shah plays everyone against everyone for 25 years, builds the 5th largest military in the world, but we end up holding the bag
mix in Cold War domino shit
1958: Hashemite dynasty (Faisal II) in Iraq assassinated in a coup we actually didn't have anything to do with
1962: first US aid to Israel (military loans)
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the above is the ingredients
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pre-heat with 1967 war, lots of hijackings before and after Munich, stir in Munich reprisals
1971: nixon shock dropping Bretton Woods international Gold Standard for exchange agreed in 1944
1973: March the G-10 and the US dollar are tied to float against each other, Bretton Woods is done
1973: October Yom Kippur war; direct from the wiki: In response to U.S. support of Israel, the Arab members of OPEC, led by King Faisal of Saudi Arabia, decided to reduce oil production by 5% per month on 17 October. On 19 October, Nixon authorized a major allocation of arms supplies and $2.2 billion in appropriations for Israel. In response, Saudi Arabia declared an embargo against the United States, later joined by other oil exporters and extended against the Netherlands and other countries, causing the 1973 energy crisis.
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the frosting:
Since 1973, the US has given Israel $120 billion in assistance
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the above is neither for or against israel or for or against the arab world
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the above is an indictment of the west and the soviets/russians - we made this mess