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Oil Nationalization

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  • Oil nationalization 2025-03-17 22:21

    A look at the history of Iran’s efforts for the nationalization of its oil 

    TEHRAN – Soon after oil was discovered in Iran in 1908 as the first country in the region, colonial powers, particularly Britain and later the United States sought to bring the Iranian national wealth under their control, depriving the impoverished nation of its revenues.

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