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Page added on February 29, 2008

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Oil for nukes

French President Nicolas Sarkozy is on a nuclear power selling spree in the Middle East.


He has recently pledged to assist the civilian nuclear programs of three oil-producing countries in this conflict-prone region: Saudi Arabia, Qatar, and the United Arab Emirates. These pledges were preceded by signed offers of nuclear aid to Algeria and Libya, two other oil exporters.


If history is any guide, two things seem probable. First, these nuclear power sales are an attempt to ensure a stable oil supply at a time when prices are approaching record highs. And second, this oil for nuclear technology swap is a deal that France will later regret.


Christian Science Monitor



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