Nobels, Rotschilds and Rockfellers, part I
Newly discovered rich oil fields around Baku draw Nobels and Rotschilds into the Transcaucasia. The competition between the two families gets ever tougher in particular because of Batumi port.
Newly discovered rich oil fields around Baku draw Nobels and Rotschilds into the Transcaucasia. The competition between the two families gets ever tougher in particular because of Batumi port.
The development of the Caucasus Oil industry directly affects Rockefellers’ “Standard Oil”’s European monopoly. In order to better compete with the latter Ludwig reinforces “Branobel”’s positions in the Black Sea and initiates the building of the longest pipeline through Georgia.