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Saudi Arabia broadly respects western wishes, they let the western companies make billions of dollars off their oil while the monarchy also makes billions of do
by boomboomsubban 5y ago
Saudi Arabia broadly respects western wishes, they let the western companies make billions of dollars off their oil while the monarchy also makes billions of dollars. The West worries that if they rock the boat, a situation like Venezuela or Iran will happen, where the state tries to cut out the western companies from getting a cut.
Iran provides the perfect example of why we tolerate Saudi Arabia. From 1901 to 1951, Iran's oil was controlled primarily by the British. In 1951, a democratic movement lead to the nationalization of the oil industry, which quickly led to a CIA backed coup. For the next ~30 years, a Western backed dictatorship ruled and their violent rule lead to the 1979 revolution being overtly hostile to the West.
The West fears any other Saudi government would end up hostile to the West, given their decades of support for the monarchy.