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This book illustrates the story of oil politics from the 20th century until today. It begins with the overthrow of the Iranian regime in 1953, and continues until the current rush for resources in the Arctic. However, the book does not simply outline these events, but, it also explains the reasons for the specific development of states acts. Thereby, this study is based on the International Political Economy and International Relations theory a combination that makes this book unique. Finally, the book gives the reader an insight of the petro state while outlining the strategic importance of oil itself.

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Felix Kruse has obtained a bachelor degree in Business Science and Management from the FH Nordakademie Elmshorn, and specialised in Energy Economics among other fields. During his studies, he had been working as a trainee for an international oil company. His traineeship was carried out in Europe and Latin America. After completing his BSc, he continued with his postgraduate studies (MSc) in International Relations at KU London, focusing mainly on the International Political Economy of Oil. He is currently working for an international oil company where he specialises in strategy and finance.

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