Historical Black Influence in Oil Industry

Black people were doing oil with Saudis first.

Black oil moguls, you've never heard of them. On purpose.

In the early 1900s,

African and African American businessmen partnered with Middle Eastern traders,

yes, in oil.

They were building shipping lines, refineries, and trade deals

before standard oil took over the global market.

But when colonial powers saw the profits, they shut those deals down.

Imagine if Africa kept its oil wealth. It wouldn't be developing.

It would be running the table.

End of transcript · 81 words

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