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Mar 8, 2022 at 6:52 comment added Greg @Fizz If I can recall, one reason the Dutch refused the Japanese ultimatum was that they actually demanded more oil than their whole oil production of the Dutch Indies was. Also, we are not in a middle of a world war, so the situation of Maersk and the British in 40-41 was somewhat different when Japan was already in a war coalition with Germany (Tripatite Act) and already attacking French Indochina.
Mar 6, 2022 at 17:36 vote accept CommunityBot
Mar 6, 2022 at 17:33 comment added Suzdalia @Sayaman: well, it was certainly a producer cartel, to a good extent, even if not formalized like OPEC is today. On the other hand, a lot more of the supply was controlled by US & British companies, in Arabia etc. Germany needed all the oil it could get for itself, so them allowing exports e.g. from Romania was out of the question, even for (would be) allies like Japan. Never mind that it lacked a way transporting anything sizeable over the oceans given the Royal Navy. The did send some technical materials by sub later in the war en.wikipedia.org/wiki/German_submarine_U-234
Mar 6, 2022 at 17:17 comment added user39013 So indeed there was no free market back then since they had to threaten war to get it?
Mar 6, 2022 at 10:22 history edited Suzdalia CC BY-SA 4.0
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Mar 6, 2022 at 10:09 history answered Suzdalia CC BY-SA 4.0