Historical Events tagged with "mossadegh"

Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.

Economics & Industry

Nationalization of Iranian Oil Industry

March 15th, 1951 74 years ago

The Iranian parliament, under Prime Minister Mohammad Mossadegh, voted to nationalize the country’s oil industry, ending the control of British interests. This decision was driven by widespread nationalist sentiments and dissatisfaction with foreign exploitation of Iran’s oil resources. Following the vote, the Anglo-Iranian Oil Company, a British corporation, lost its assets and concessions in Iran. The nationalization marked a significant shift in Iran's economic policy and sovereignty.

Continue Reading