Discover published sets by community

First major oil discovery in the Middle East, leading to the creation of Anglo-Persian Oil Company. Political implications included Western influence and control in the region.

Egypt nationalized the Suez Canal, a critical chokepoint for oil transport. Led to a brief conflict with the U.K., France, and Israel. Showed the strategic importance of Middle Eastern oil.

OPEC was created to coordinate and unify petroleum policies among Member Countries. Political implications include cartel's influence on global oil prices and supply.

Saudi Arabia nationalized Aramco, becoming Saudi Aramco, which impacted global oil markets significantly. It represented a move towards sovereignty over natural resources.

Resulted in the 1973 oil crisis when Arab members of OPEC imposed an oil embargo against countries supporting Israel, showcasing oil's use as a political weapon.

The revolution led to a significant drop in Iran's oil production, causing another oil crisis. It had massive global economic consequences and increased tension between the U.S. and Iran.

Iraq's invasion of Kuwait led to a disruption in oil production and fears of oil spills in the Persian Gulf. Showcased the strategic significance of Middle East oil reserves.

One of the largest oil fields in the world, located in southern Iraq. Its development highlighted Iraq's potential as a major oil producer and the importance of resource control.

The discovery at Dammam No. 7 led to Saudi Arabia becoming a pivotal oil producer. Established the country's wealth and influence and its strategic partnership with the United States.

Formed to explore and exploit oil concessions in modern-day Iraq. Resulted in significant foreign influence in Iraq's oil industry and ongoing tensions over oil profits.

Led to the rise in the nationalization of oil industries in North Africa and Algerian control over its own oil resources, embedding energy security into national policies.

Both countries suffered huge losses in oil production and exports. The war highlighted the vulnerability of oil infrastructure to military conflict.

A drone strike on Saudi oil facilities caused a significant temporary cut in oil production. Raised concerns over the vulnerability of oil infrastructure to attacks and geopolitical risk.

Qatar's departure from OPEC reflected its desire to focus on natural gas production and potential tensions within the group. Illustrated changing dynamics in global energy markets.

Caused by a price war between Saudi Arabia and Russia and the COVID-19 pandemic. Led to stock market crashes and reinforced the interconnectedness of global politics and energy markets.

Advances in fracking technology have made US one of the world's leading oil producers, impacting OPEC's influence and leading to energy policy shifts.

State-owned oil and natural gas producer in Iran, one of the largest oil companies in the world. Its operations and revenues are heavily affected by international sanctions.

Disputes over oil wealth have led to militancy in the Niger Delta. Security concerns, environmental damage, and community impacts have political and economic consequences.

Economic mismanagement, corruption, and sanctions have crippled Venezuela's oil industry, leading to a decline in production despite having the world's largest reserves.