Saudi Arabia Signals a Shift in Oil Strategy

In 1943 President Franklin Roosevelt declared that "the defense of Saudi Arabia is vital to the defense of the United States." The reason: Ten years earlier the desert kingdom had granted a concession to Standard Oil of California to explore for oil. It turned out there was some, in fact, a lot. Roosevelt visited with the kingdom's monarch, King Ibn Saud, early in 1945 to further cement relations between the two countries, paving the way for a mutual defense treaty in 1951. The idea was to provide protection for Saudi Arabia in exchange for access…