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Chapter 765 The Choice of Iron Maiden

"Madam, if this continues, our British oil industry will probably be destroyed." Shuen said anxiously to Mrs. Thatcher.

After another half a month, they finally couldn't stand it anymore.

"Now, international oil prices have dropped to nine dollars per barrel. Every time we produce, we lose more than three to four dollars. This has led to our North Sea oil fields operating at a loss now. Therefore, our BP has been losing money all the time, but we cannot reduce production. Otherwise, our oil workers should go on strike. If the oil workers are also unemployed, our economy will worsen. However, now oil companies are operating at a loss and are facing the risk of capital chain breakage." Xiuen continued to explain.

"Have we already made loans to oil companies through the Bank of England? Two times, a total of 100 million pounds were issued. Isn't it enough now?" asked Mrs. Thatcher.

For the glory of the British Empire, to maintain domestic economic stability, and to allow its own oil industry to continue to produce steadily, and to prove that Britain can win the competition with those Middle East oil-producing countries, Mrs. Thatcher gritted her teeth and lent it to the oil company twice. However, she did not expect that she originally thought that a loan of 100 million pounds was already a very large amount, but she did not persist until the victory.

"Where are the Americans? Until now, Americans have been watching us fight oil price wars with the Middle East, and then our oil industry is dragged down in malicious competition?" Mrs. Thatcher asked dissatisfied.

"No. Madam, just two days ago, oil merchants from Texas, United States, united to send us a message saying that they are willing to provide funds to help us get through the difficulties." Foreign Secretary William said.

American oil merchants? They may not be able to keep profitable now, right? Why are they still so kind to provide funds to BP?

"What do they ask?" asked Mrs. Thatcher.

"They hope that our oil companies can sell our shares in the Texas oil fields to them, so that our company will have enough funds to fight this smokeless war with the Middle Easterners," William continued.

So that's it! The shrewd Mrs. Thatcher could see clearly the essence of this time.

This time the oil price is actually equivalent to a reshuffle of oil companies. All companies with poor strength will be cleared out of this market. Therefore, oil merchants with capital and strength will probably welcome this oil price cut. They will take this opportunity to complete the further expansion of their own oil companies. Everyone knows that this sluggish oil price will definitely not last forever. Middle Eastern people are just malicious competition, and oil prices will eventually return to a reasonable level. Companies with funds that are broken and unable to sustain can only sell their own shares, that is, they will become fat in the mouths of those big companies.

If it weren't for the British government's instruction, BP had been committed to developing North Sea oil fields, although this would have played a great role in improving the UK's own economy and solving employment problems. If BP hadn't been resisting the answer to the mystery, the oil prices would be fully produced. Then BP would definitely have enough funds to carry out a new round of mergers and gain more oil share.

Among all oil extraction, the most expensive submarine oil development and the loss-making operation put a heavy burden on BP. Now, it is the turn of British oil companies to cut their losses.

It is said that the current vice president of the United States is a big oil businessman in Texas. No wonder the United States has always refused to put pressure on the Middle East to raise oil prices, because the United States wants to make a fortune from the United Kingdom!

Interest, this is the bare interest. No matter how good the relationship between the United States and the United Kingdom is, no matter how good the personal relationship between Mrs. Thatcher and President Reagan is, it cannot violate the rules of this game.

What should Britain do now? Thinking of his experience in the Eastern Power last time, Mrs. Thatcher, who has always been proud, is known for his toughness and is called the Iron Lady by Reagan. A dull expression appeared on his face. Does Britain need to bow his head and admit defeat again?

Mrs. Thatcher opened the window and the ball of fiery red roses were in full bloom in the open space outside.

No one alarmed Mrs. Thatcher, just stared at the British Prime Minister, stared at the blooming roses representing England outside, stared at the flying British flag, and an inexplicable sadness appeared in her eyes.

Once upon a time, our national flag was planted in every corner of the world. The people of our British Empire would be treated like nobility no matter which country we went to. The representatives we sent to all over the world were the local emperors there. If anyone did not accept it, then the swords and guns of the British team would make them realize their mistakes. If the other party was stubborn, then the British team would never mind letting the other party disappear as they had that ability.

But now, a Middle Eastern native who once had their colony, a proud British royal noble, never looked at, was going to make them bow their heads and admit defeat!

Two years ago, their fleets used force to cross the entire Atlantic Ocean and recaptured the Cambodian Islands. Although they achieved a decent victory, the price paid by Britain was very high. Now, they absolutely have no ability to conquer Iraq in the Middle East with force. Putting aside political and international factors, just from a military perspective, Iraq has developed very strongly. Last time, Iraq was very domineering in the conflict with Israel.

There is no choice in the UK.

For the sake of the interests of the United Kingdom and for the sake of the British North Sea oil industry, they had to compromise. Mrs. Thatcher sighed and turned back.

"Leave the Iraqi spy to the Iraqi agency in the UK."

Although Weber did not mention the spy when he negotiated with President Cusey last time, Mrs. Thatcher, including all the senior British officials, knew that the spy was a fuse for Iraq's so sluggish oil prices.

They underestimated Kusai. Even without that spy, Kusai still wanted to do this. However, with this spy, Kusai was more blatant and tougher to do it.

"Madam, then, let's just forget about the information we lost?" William asked.

"This is all MI5's dereliction of duty." Mrs. Thatcher said: "We got nothing from that person. Let MI5 continue to investigate and must find the information!"

"We re-engineer the Sky Flash Project with Iraq. We immediately sell the entire production line to Iraq, bringing a few hundred missiles ordered by Iraq and Saudi Arabia in the early stage, and ask Iraq to pay the remaining funds immediately." Mrs. Thatcher continued.

The meaning of Kusai is that this production line is not needed, and the British are required to return the money to him and stop the project. Not to mention that the UK has no money now, even if the UK has money, it cannot give it to Iraq like this. The UK originally wanted to block Iraq on this project, but now Iraq has made a step further, kicked the UK away, and conducted research on the active sky flash project with Sweden.

Therefore, the sky flash of the British semi-active seeker is already out of date. Exporting it to Iraq can bring new profits to the UK and interfere with the cooperation between Sweden and Iraq. After all, it will take several years for Sweden's active air-to-air missiles to be developed. Iraq is now very urgent for advanced medium-range air-to-air missiles. They no longer want to use the Sparrow imported from the United States and the French Super Matra 530 missiles, and will not use the unreliable medium-range missiles imported from the Soviet Union.

In this regard, the UK only fulfilled the contract late.

"As for the hunter early warning aircraft project, we can extend the after-sales maintenance for one year, which is considered to be a compensation for the Iraqis." Mrs. Thatcher continued. In this way, the British can also gain more experience in improving the early warning aircraft, and they will never pay the funds to Iraqi.

The first condition proposed by Kusai was considered to have proposed a solution, but the second condition was that the UK stopped military cooperation with Israel, and the third condition was that Iraq's funds entered the British market, and Mrs. Thatcher would never agree.

The UK has no relationship with Iraq in military cooperation, which is completely interfering in internal affairs. As for opening up the British market and allowing Iraqi funds to pour into the UK, it is even more dangerous. God knows what Kusai is going to do. If he is willing, use all Iraq's funds to buy half of the UK?

"Weber, you go to Baghdad to convey our opinions to them, and hope that Kusai will accept our conditions tactfully," said Mrs. Thatcher.

Just this condition? Webber felt it was a bit difficult. It was not scary to sit on the bench by himself. What was scary was that people didn't agree at all. That guy Kusai was not so easy to negotiate.

"Madam, what if the Iraqis disagree? We only agreed to one of the terms they put forward."

"Didn't we let that spy go? This is because we have shown enough sincerity?" said Mrs. Thatcher. "It's time for them to agree. If they still don't agree, we will show our trump card. Even if we sell BP's shares in Texas to American oil merchants, we can't afford that Coast!"

Mrs. Thatcher's will was very firm.

"Yes, I'll go to the Middle East again." Although Weber had a headache to meet the cunning Kusai, this time he must show off the dignity of the British and negotiate with them to the end! (To be continued...)

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