Other examples of corporations between the US and the Arab World are the Red Line Agreement signed in 1928 and the Anglo-American Petroleum Agreement signed in 1944. Both of these agreements were legally binding and reflected an American interest in control of Arab and Middle Eastern energy resources, namely oil, and moreover reflected an American security imperative to prevent the (re)emergence of a powerful regional rival. The Red Line Agreement had been part of a network of agreements made in the 1920s to restrict supply of petroleum and ensure that the major [mostly American] companies...could control oil prices on world markets.