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Iraq: The Eternal fire 1972 Iraqi oil nationalizaation in perspective
Iraq: The Eternal Fire – 1972 Iraqi Oil Nationalization in Perspective examines one of the most significant turning points in Iraq’s modern economic and political history: the nationalization of its oil industry in 1972. The book analyzes the circumstances that led to the decision, including international pressures, domestic political shifts, and Iraq’s growing assertion of sovereignty over its natural resources. It provides detailed insight into the economic impact of nationalization, its influence on global oil markets, and its role in reshaping regional power dynamics. Through historical analysis and economic evaluation, the work highlights how the 1972 nationalization became a defining moment in Iraq’s pursuit of independence and control over its energy wealth
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