Abstract
The value of oil for the Gulf countries cannot be overstated; it is the principal, and largely the only commodity that underpins their economies. Soaring oil prices in the 1970s allowed them to envisage forging a self-reliant shield to protect their life-line in their own part of the world. They started an arms build-up, with naval forces as one of its components, despite, or maybe motivated by, the presence of foreign fleets patrolling their waters.
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© 1998 Nadia El-Sayed El-Shazly
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El-Shazly, N.ES. (1998). The Actors, the Plot, the Props. In: The Gulf Tanker War. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-26304-2_6
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DOI: https://doi.org/10.1007/978-1-349-26304-2_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-26306-6
Online ISBN: 978-1-349-26304-2
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