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August 1, 2025
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mar 8, 1951 - Iranian oil nationalized

Description:

The Anglo-Iranian Oil Company (AIOC), now known as British Petroleum (BP), is nationalized by Iranian Prime Minister Mohammad Mosaddegh following growing nationalist campaigns for greater control over resources.

Great Britain responds by initiating an oil embargo on Iran.

Added to timeline:

Date:

mar 8, 1951
Now
~ 74 years ago

Images: