Word: abadan
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...port of Bandar Mashur, troops shot down one woman in a mob of strikers. At Abadan nine strikers were killed. With clubs, rocks and fists, the mob battered to death three British employees of the Anglo-Iranian Oil Co., mauled six others. Strikers there all but shut down the world's largest oil refinery...
...spread. At Abadan 300 students walked out of A.I.O.C. classes, demanding that passing grades be lowered from 50% to 30%. In Isfahan, jobless textile workers demonstrated in front of the Governor General's palace...
Meanwhile, Great Britain, whose inept handling of Iran's demands for greater oil royalties had made nationalization a popular issue, ordered the 8,000-ton cruiser Gambia to the port of Abadan. Gleefully, Moscow papers reported the news...
...additional 16% of the profits. Seven years later, D'Arcy's prospectors brought in a gusher. In 1909, the Anglo-Persian Oil Co. (renamed Anglo-Iranian in 1935) was founded, has been spouting profits ever since. It built the world's largest refinery at Abadan, became a top-ranking crude-oil producer. It also fell more & more into disfavor with the Iranian government. By last week the company's strained relations with Iran formed a major flaw in the defense of the Middle East against Communism; Britain...
...estimated 35% to 40% of which will be spent abroad. The bulk of the development cash will come from Persian government royalties from the British Anglo-Iranian Oil Co. Anglo-Iranian last year paid Persia some $35 million in royalties, but a new pipeline to be built from Abadan on the Persian Gulf to Tripoli in Lebanon, under a deal between Anglo-Iranian, Standard Oil (N.J.) and Socony-Vacuum, is expected to let Anglo-Iranian boost output and raise royalties to as much as $50 million next year...