dalius, you smartass, they made a trade early on---for a nice cut on the oil proceeds. In return, the oil companies came in, made the capital investment, put the technical people there, and everybody made money.
The 'nationalization' of oil rights to the middle eastern countries represents the biggest wealth re-distribution ever. I'm not saying it was wrong, but it wasn't like those countries handled it as business. They handled the transaction as politics.