Romania defection from the Axis in August 1944
Romania's oil gave the country a disproportionate importance in the global conflict. In 1940 and 1941, Romania supplied 94% and 75% of Germany's oil imports respectively. Italy - which lacked both natural and synthetic output - was even more reliant on Romanian oil than Germany. The loss of Romania's oil - following the country's defection from the Axis in August 1944 - resulted in Hitler's first admission that the war was lost.
