Oil Crisis: Difference between revisions
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==== Sudanese Secession and Civil War ====
[[File:Image 2024-03-09 113335548.png|thumb|Sudanese Republican Forces celebrating their victory against S.F.O.O Forces]]
As Egypt's situation worsened, Sudan broke away from the Republic, with Governor-General Ismail al-Azhari stating no interest in fighting an Egyptian war. However, the Free Officers movement, which had significant influence among the Sudanese Armed Forces, rebelled, supported by the Greater German Reich. The Judiciary and some military under General Ibrahim Abboud seceded from the Republic, seeking Japanese support to secure Sudan's position against Ba'athist and government forces. Port Sudan's strategic location in the Red Sea and just after the Suez Canal made control crucial for ensuring the Suez Canal's security. All major parties were interested in controlling Port Sudan as an insurance policy in case the Egyptian civil war did not go as planned.
==== South Sudanese Conflict ====
The collapse of the Sudanese government had an unexpected consequence for South Sudan, a region populated not by Arabs, but by at least 60 ethnic groups more closely related to sub-Saharan Africans. South Sudan would proclaim its independence shortly after the Sudanese state fell into chaos, but just as quickly as the Republic could be declared, the Anyanya militias and the Azania Liberation Front would fall into conflict with one another. With few interests in the region, the conflict will likely be spared of much foreign intervention, and combined with low-level insurgencies, could last well into the 1980s.
=== Iraqi Civil War ===
''Main Article: [[Iraqi Civil War]]''
[[File:ZU-23-2 being used by the Loyalist Iranian Army.png|thumb|205x205px|ZU-23-2 being used by the Loyalist Iranian Army]]
The Iraqi Republic's president, Abd al-Karim Qasim, died suddenly in 1971, leading to a conflagration of various forces in the region. The country's abundant resources, including oil, led to a riot in late 1971. The Kurds fought against Iraqi contenders to preserve their independence if Iraq took control of Northern Iraq during the Second Italo-Turkish War. The collapse of the Iraqi government marked a turning point in the crisis, leading to the shift from 'Oil Wars' to 'Oil Crisis', making it a global issue.
== Effects ==
=== Collapse of ENI ===
Ente Nazionale Idrocarburi (ENI), a dominant firm in Italy, was a key player in the country's economy, primarily supplying Middle Eastern oil. Despite warnings from economists, the Italian government ignored the situation. The Iraqi Civil War forced ENI to restart production, causing oil prices to fluctuate rapidly. ENI was backed in a significant capacity by the Italian government, the company did not go bankrupt despite the price fluctuations and an estimated stock price drop of about 81% from $135.29 USD a share to $25.73 USD per share within 48 hours of the Iraqi conflict commencing. However, it reported record losses and continued to bleed funding from the Italian government, causing a major fiscal crisis within Italy. Globally, the perceived overnight collapse of ENI led to nearly every single nation in the world suffering major economic losses. Guangdong, for instance, saw anarchic riots consume practically the entire country.
In-game, the Oil Crisis debuff applies to every nation except for Russian unifiers, and it is impossible to remove it except with console commands. If Albert Speer were chosen as Hitler's successor, the Frankfurt stock exchange would suffer a similar collapse, leading to political turmoil and ultimately the Slave Revolt. The Oil Crisis debuff is applicable to all nations except for Russian unifiers and the Republic of China and the Iberian Union.
== Superevent ==
The Oil Crisis Superevent occurs after the collapse of ENI, which is shortly after the start of the Iraqi civil war. The song used in the event is the opening of [https://www.youtube.com/watch?v=2bRHUq2tzVs&t=23s Sout El Gamaher], a pan-Arabic patriotic anthem praising the "voice of the masses".
== Trivia ==
* The Oil Crisis is based on the real-life OPEC oil spikes in 1973. Its consequences in the TNO universe are much more devastating economically, affecting every country, from small middle-of-nowhere African non-entity warlords to the global superpowers.
== References ==
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