Middle East crises and world petroleum movements.
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A discussion of two major interruptions in the supply of oil from the Middle East which have occurred in the present decade, in Iran in 1951 and at Suez in 1956. The resulting oil shortages resolved themselves into shipping crises which were met by reorganizaion of th tanker facilities of the western international oil companies. This study surveys the effects of these crises on world petroleum production and shipping and examines the impact of a hypothetical future interruption of the flow of Middle Eastern oil to the western world.
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