Abstract—In 1938, Europe's geographical situation changed
considerably. After Austria's annexation by Germany, in
March 1938, and the division of Czechoslovakia, the French-
British hegemony in Central and Southeastern Europe came to
an end. The decline of the French and British power forced
Romania to take into consideration the increase of the German
influence in Central and Eastern Europe and the evolution of
the Soviet Union's foreign policy. Geopolitical evolutions
favored Germany, which was interested in gaining control over
Romanian oil reserves, the second largest oil products exporter
in Europe. Consequently, during the period 1938 – 1941,
Germany developed a coherent offensive strategy, acting
across multiple levels simultaneously: political-diplomatic,
military and economic, in order to ensure control over the
Romanian oil, essential strategic raw material for its war
economy. At the same time, Romania has its own defense
strategy, within which oil played a very important role.
Analyzed from a historical perspective, Romanian-German
relations from 1938-1940 provide viable conclusions even
nowadays, regarding the realist strategies that small-sized
states with oil resources can adopt in their dispute with the
great powers.
Index Terms—Oil, weapons, war economy, diplomacy.
Gavriil Preda is with the Faculty of History, Christian “Dimitrie
Cantemir” University, Bucharest, and in period 2002-2010 was with the
Petroleum-Gas University of Ploiesti, Romania (e-mail:
gavriilpreda@yahoo.com).
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Cite:Gavriil Preda, "German Foreign Policy towards the Romanian Oil during
1938-1940," International Journal of Social Science and Humanity vol. 3, no. 3, pp. 326-329, 2013.