NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / World

<i>Gwynne Dyer:</i> Was Iraq all about oil? Look again ...

By Gwynne Dyer
Columnist·
23 Sep, 2007 05:00 PM5 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Opinion by Gwynne DyerLearn more

KEY POINTS:

Australia's Defence Minister, Brendan Nelson, is not the sharpest tool in the box, so people were not really surprised in July when he blurted out that the real motive for invading Iraq was oil.

"Obviously the Middle East itself, not only Iraq but the entire region, is an
important supplier of energy, oil in particular, to the rest of the world. Australians and all of us need to think what would happen if there was a premature withdrawal from Iraq," he said.

Silly old Brendan, off-message again. Didn't he know that Australia invaded Iraq because of its weapons of mass destruction? No, wait a minute, it was because Saddam Hussein might help Islamist terrorists.

Hang on, forget that, we really went there to bring the blessings of democracy to the Iraqi people, dead or alive. Brendan just mis-spoke himself about the oil.

Fast forward two months, and a rather sharper tool has offered the same analysis. Alan Greenspan, chairman of the US Federal Reserve banking system for 18 years and the high priest of capitalism, puts it quite brutally in his book, The Age of Turbulence.

"Whatever their publicised angst over Saddam Hussein's 'weapons of mass destruction'," Greenspan wrote, "American and British authorities were also concerned about violence in the area that harbours a resource indispensable for the functioning of the world economy. I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil."

What everyone knows? No, that is what everyone has been encouraged to believe, by the protesters and the manipulators alike. And poor old Alan fell for it, too.

In interviews after the publication of his book last week, Greenspan explained that Saddam Hussein had wanted to seize the Strait of Hormuz, and so control oil shipments through the only sea route out of the Gulf. It would have been "devastating for the West", he said, if Saddam had done that.

The Iraqi dictator could have shut off five million barrels a day and brought "the industrial world to its knees".

Actually, more than twice that amount of oil leaves Saudi Arabia, Iraq, Iran, Kuwait, Bahrain, Qatar and the United Arab Emirates each day in tankers and passes through the Strait of Hormuz, so it really is a crucial waterway. But Saddam Hussein couldn't close it.

Saddam Hussein was a bad man. He probably held the record in the modern Middle East for the number of citizens his Army, secret police and torturers had killed. But control the Strait of Hormuz? He had about as much chance of doing that as he did of controlling the English Channel, and anybody with access to a map should have known it.

Iraq lies at the northwestern end of the Gulf, 1000km from the Strait of Hormuz. It has only 50km of coastline, and most of its naval and air assets were destroyed in the Gulf War of 1991.

It had no strategic ability to reach that far east. Even if the US Navy had not been permanently present in the Gulf in overwhelming force, the notion of an Iraqi military threat to the Strait of Hormuz was sheer nonsense.

The only country in the region with the military ability to shut the Strait of Hormuz is Iran. Since it depends on oil income to support its domestic economy and feed its population, it won't do that unless it is attacked.

It may call the United States the "Great Satan", but it has pumped oil as fast as it could and sold it at the world market price every year since the 1979 revolution. It can't afford to care where the oil ends up.

That is true of all the major oil exporters, whatever their political convictions. They have to sell their oil, so it does not really matter much to the West who rules these countries (although it obviously matters greatly to the local residents). You don't need to invade countries to get oil from them. Just send them a cheque.

There's no point in invading Iraq to control the oil price, either. The price is set by a very efficient global market, and not even all of Iraq's oil will give you enough leverage to force the price down. Besides, why would an Administration whose closest friends are in the American oil industry want to force the price of oil down?

Greenspan doubtless believed what he said, but it doesn't make sense. He just fell for the cover story that "it's all about oil", which serves to distract Western electorates from the more complex and often even less defensible motives of their Governments.

So why did they invade Iraq, in the end? One motive was certainly the desire for permanent American military bases in the Gulf from which the United States could, at need, stop oil flowing to China. The strategic community in Washington has identified China as America's new strategic rival, and it is becoming more and more vulnerable to interference with its oil imports.

Those "enduring bases" are still being built in Iraq. But that is not a big enough reason to explain what happened. I have written tens of thousands of words on the Bush Administration's motives for invading Iraq, but in the end I do not know why they did it. I suspect that they don't, either. It just seemed like a neat idea at the time.

* Gwynne Dyer's latest book, The Mess They Made: The Middle East After Iraq, is published in New Zealand by Scribe.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.
Save

    Share this article

Latest from World

live
World

'Totally obliterated': Trump claims successful attack on Iran’s nuclear sites

22 Jun 03:02 AM
World

President Trump makes announcement following Iran bombings

World

Eight dead after fire engulfs hot-air balloon in southern Brazil

21 Jun 10:50 PM

Jono and Ben brew up a tea-fuelled adventure in Sri Lanka

sponsored
Advertisement
Advertise with NZME.

Latest from World

'Totally obliterated': Trump claims successful attack on Iran’s nuclear sites
live

'Totally obliterated': Trump claims successful attack on Iran’s nuclear sites

22 Jun 03:02 AM

Trump says US dropped 'full payload of bombs' on Iran's Fordow nuclear site.

President Trump makes announcement following Iran bombings

President Trump makes announcement following Iran bombings

Eight dead after fire engulfs hot-air balloon in southern Brazil

Eight dead after fire engulfs hot-air balloon in southern Brazil

21 Jun 10:50 PM
US stealth bombers fly over Pacific as tension with Iran grows

US stealth bombers fly over Pacific as tension with Iran grows

21 Jun 06:49 PM
Help for those helping hardest-hit
sponsored

Help for those helping hardest-hit

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP