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The Prize: The Epic Quest for Oil, Money & Power by Daniel Yergin is a comprehensive history of the global petroleum industry from its beginnings in the 1850s through 1990. The book explores how oil has shaped modern capitalism, geopolitics, wars, and society, highlighting the struggle for control over oil resources that has profoundly influenced world events and international relations. Yergin presents this history through vivid storytelling filled with key figures, from early oil tycoons like John D. Rockefeller to political leaders such as Winston Churchill, Ibn Saud, Saddam Hussein, and George Bush. The narrative shows oil's central role in the 20th century, including its impact on world wars, the rise of the Middle East as a strategic region, the creation of OPEC, and major crises like the Gulf War and the Suez Crisis.
The book is acclaimed as the definitive history of the oil industry, combining detailed research with engaging, novel-like storytelling. It won the Pulitzer Prize for General Nonfiction in 1992 and remains essential reading for understanding the intertwined forces of oil, money, and political power that have shaped the modern world. The book also includes an epilogue reflecting on the ongoing energy challenges and geopolitical dynamics more than 30 years after the original publication.
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