Discovery, Extraction, and Value of Oil in Iraq (1870-1945(

Abstract

This study focuses on the early discovery of oil in Iraq by European explorers, especially German scientists in the second half of the nineteenth century The discovery of oil has attracted Europeans to Iraq and their greed for its oil. He then describes the efforts to gain rights by offering projects such as the German Baghdad-Berlin railway, the creation of British companies and the mobilization of their bank capital with the Ottomans Ottoman oil fields, especially Iraq. He also explains the reasons that led to the invasion of Iraq, above all the issue of oil and the discovery of such large quantities in the same country. With the impact of the same factor in the conflict of the winners of World War I, the formation of Iraq's size, agreements and alliances, oil revenues and its impact on the elements of Iraqi governance and how and how Iraq-UK relations affecting the issue of oil. Despite the struggle of Western multinational companies over the rights and shares of Iraq's oil fields and exporting the same country's products to world markets as the first country in the Middle East. With the impact of the article in the events of World War II on Iraq's position in that situation.