The Prize: The Epic Quest for Oil, Money, and Power

Who was Ibn Saud? Why did he become involved in the oil industry?

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Asked by Cat on 26 Mar 01:57

Last updated by Cat on 26 Mar 02:14

1 Answers

Answered by Cat on 26 Mar 02:14

Ibn Saud was the leader of Saudi Arabia. His country was in financial straits and oil offered one solution. He signed a deal with Socal which gave him money upfront and for oil discovery in his country.