Iran is remembering the anniversary of the 1953 coup against the government of then democratically-elected Prime Minister Mohammad Mosaddeq. In August 1953, the British and American intelligence agencies initiated a coup by the Iranian military, setting off a series of events, including riots in the streets of the capital, Tehran, which led to the ...

On March 19th, 1951, Premier Mohammad Mosaddeq enforced the Oil Nationalization Bill, which ended British hegemony on Iran's oil industry. From 1949 onwards, willing to nationalization of Iran's oil industry increased. In 1949 the Majlis approved the First Development Plan (1948-55), which called for comprehensive agricultural and industrial development ...