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Iraq attack will usher in New World Oil Order
by Michael Renner, Sr. Researcher, Worldwatch Institute
January 26, 2003
“Only in the most direct sense is the Bush administration’s Iraq policy directed against Saddam Hussein. In contrast to all the loud talk about terrorism, weapons of mass destruction, and human rights violations, very little is being said about oil. The administration has been tight-lipped about its plans for a post-Saddam Iraq, and has repeatedly disavowed any interest in the country’s oil resources. But press reports indicate that U.S. officials are considering a prolonged occupation of Iraq after a war to topple Saddam Hussein. It is likely that a U.S.-controlled Iraq will be the linchpin of a new order in the world oil industry. A war against Iraq may well herald a major realignment of the Middle East power balance.“
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