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Just a tad about Iran, and foreign interest in oil

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Fire Walk With Me Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-14-05 10:04 PM
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Just a tad about Iran, and foreign interest in oil
http://www.encyclopedia.com/html/section/iran_history.asp

At the Tehran Conference in 1943 the Tehran Declaration, signed by the United States, Great Britain, and the USSR, guaranteed the independence and territorial integrity of Iran. However, the USSR, dissatisfied with the refusal of the Iranian government to grant it oil concessions, fomented a revolt in the north which led to the establishment (Dec., 1945) of the People's Republic of Azerbaijan and the Kurdish People's Republic, headed by Soviet-controlled leaders. When Soviet troops remained in Iran following the expiration (Jan., 1946) of a wartime treaty that also allowed the presence of American and British troops, Iran protested to the United Nations. The Soviets finally withdrew (May, 1946) after receiving a promise of oil concessions from Iran subject to approval by the parliament. The Soviet-established governments in the north, lacking popular support, were deposed by Iranian troops late in 1946, and the parliament subsequently rejected the oil concessions.

In 1951, the National Front movement, headed by Premier Mussadegh , a militant nationalist, forced the parliament to nationalize the oil industry and form the National Iranian Oil Company (NIOC). Although a British blockade led to the virtual collapse of the oil industry and serious internal economic troubles, Mussadegh continued his nationalization policy. Openly opposed by the shah, Mussadegh was ousted in 1952 but quickly regained power. The shah fled Iran but returned when monarchist elements forced Mussadegh from office in Aug., 1953; covert U.S. activity was largely responsible for Mussadegh's ousting.

In 1954, Iran allowed an international consortium of British, American, French, and Dutch oil companies to operate its oil facilities, with profits shared equally between Iran and the consortium. After 1953 a succession of premiers restored a measure of order to Iran; in 1957 martial law was ended after 16 years in force. Iran established closer relations with the West, joining the Baghdad Pact (later called the Central Treaty Organization), and receiving large amounts of military and economic aid from the United States until the late 1960s.
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