It's not that foolish to want to break up a monopoly. In the case of Iraq, you'd almost think it was a good idea, considering they were going to base oil sales

It's not that foolish to want to break up a monopoly. In the case of Iraq, you'd almost think it was a good idea, considering they were going to base oil sales on the Euro, which would have been favourable to the countries in the Eurozone, who would naturally become allies, helping to break trade sanctions that had held Iraq back. If it wasn't for Saddam's history with the US they might've gotten away with it.