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К RESOURCES AND SIGNIFICANCE
- Сoastal areas are the world's largest single source of
crude oil (http://www.persianorarabiangulf.com/index.php?c_page=5)
- The Safaniya oil field is considered the largest offshore oil field in the world. (https://www.dovregroup.com/news/safaniya-oil-field.html)
- Large gas finds and dominations of related industries
(https://www.dovregroup.com/news/safaniya-oil-field.html)
Conclusion: Because of its natural resources, access to the Persian Gulf has become the focus of international tension, such as the 1990-1988 Iraq-Iran War and 1990-1991 Persian Gulf War. (http://www.newworldencyclopedia.org/entry/Persian_Gulf)
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INTERESTS OF THE MAIN MEMBERS
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COURSE OF THE WAR
After Geneva Conference (25July 1990) Hussein:
- delivered
a speech in which he accused neighboring nation Kuwait of siphoning crude oil from the Ar-Rumaylah oil fields located along their common border.
- insisted that Kuwait and Saudi Arabia and cancel out $30 billion of Iraq’s foreign debt, and accused them of conspiring to keep oil prices low in an effort to pander to Western oil-buying nations.
Two-thirds of the 21 members of the Arab League condemned Iraq's act of aggression, and Saudi Arabia's King Fahd, along with Kuwait's government-in-exile, turned to the United States and other members of the North Atlantic Treaty Organization support
(http://www.history.com/topics/persian-gulf-war)
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RESULTS OF THE WAR
1) Iraq expelled from Kuwait
2) Kuwaiti monarchy
restored
3) Destruction of Iraqi and Kuwaiti infrastructure
4) Saddam Hussein retains power
5) UN sanctions against Iraq maintained until 2003
6) United Nations Security Council Resolution 687 establishes cease-fire terms, beginning of the Iraq disarmament controversies
7) Ecological Problems
http://www.reviewfund.com/article?sq=Fund&q=Gulf_War
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THE TRANSPORT IMPORTANCE OF THE PERSIAN GULF
http://www.tandfonline.com/doi/pdf/10.1080/01441649008716749
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Large gas finds have also been made, with Qatar and Iran sharing a
giant field across the territorial median line (North Field in the Qatari sector; South Pars Field in the Iranian sector). Using this gas, Qatar has built up a substantial liquefied natural gas (LNG) and petrochemical industry.
http://www.newworldencyclopedia.org/entry/Persian_Gulf
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HTTP://WWW.TANDFONLINE.COM/DOI/PDF/10.1080/01441649008716749
Petroleum is mainly loaded onto tankers in the Gulf, although some is pumped
through pipelines to ports on the Mediterranean and Red Seas.
Most of the oil is carried out from the Gulf through the Strait of Hormuz. The bulk of the supply is directed towards Western Europe and Japan.
The economic existence of many states depends upon this petroleum supply from the Gulf.
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FUNNY FACT
After the USA set off to the operation desert Shield
in the Persian Gulf, an unusual thing began in the US: yellow ribbons tied around trees and various other objects in public places. the yellow sighified that servicemen off on a mission were not forgotten and their homecoming was waiting for them.