“But what about oil?” my friend M asks. “Wasn’t oil a factor in the settlement at the end of World War I?” The answer must be “yes,” but I wasn’t equipped to specify. Take it away, Peter Mansfield:
“[E]ven before the First World War there was little doubt that northern Mesopotamia was [a] potentially oil-rich area … On the eve of the First World War, the Ottoman government granted a concession to the Turkish Petroleum company (TPC) in which the Anglo-Persian Oil Company had a half interest together with Royal Dutch Shell and the German Deutsche Bank … Hence at the end of the war Britain, with its troops occupying Mosul and having expropriated the German interest in the TPC, was in a commanding position to control Mesopotamian oil. However,
It was at this point that the
Fn: (Yes, this is a 2003 edition, “revised and updated,” but I’m betting that the quoted text is the original version).