Word: mossadegh
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...Examples: the U-2 incident in 1960, when the Soviets shot down the spy plane piloted by Francis Gary Powers; the CIA-directed invasion of Cuba in 1961; the Chilean operation. Over the years, there were successes for the CIA as well: the 1953 coup that deposed Premier Mohammed Mossadegh (who had nationalized a British-owned oil company and was believed to be in league with Iran's Communist Party) and kept pro-American Shah Mohammed Reza Pahlavi on the throne of Iran; the 1954 revolution that overthrew the Communist-dominated government of President Jacobo Arbenz in Guatemala...
...companies can easily shift the destinations-as well as the source-of thousands of barrels of crude in minutes by a few calls to tanker captains. In 1951, when Iran's Premier Mohammed Mossadegh nationalized that country's wells, the multinationals overnight dropped Iran's share of the world market from 6% to zero...
...Referring to Iran's late, mercurial Prime Minister Mohammed Mossadegh, who in 1951 nationalized British oil interests in his country. In retaliation, the oil companies organized a boycott against Iranian petroleum. Within two years it proved so successful that with Iran's economy on the verge of collapse, Mossadegh was deposed, and Iran and the oil companies reached a compromise...
...Arabs who were trying to enlist in Black September. They finally let me through, though I don't look much like a fedayeen type." Adds Bell: "I'm more the Winston Churchill type, as was testified to by the Persian mob that nearly lynched me during the Mossadegh days, when Mr. Churchill was distinctly unpopular in Iran...
...acted in the interests of oil before. As long ago as 1893, Grover Cleveland intervened in Brazil at the insistence of Standard Oil. In Iran, in 1953 (when "guess-who" was Vice President), the CIA engineered a coup against the popularly-supported government of Mossadegh, after that nationalist leader began nationalizing Anglo-Iranian Oil, the largest Western firm in that country. The CIA restored the present Shah to the throne, and a year later an Oil Consortium was created through negotiations between the Shah and American companies (the British and Dutch were effectively excluded from those negotiations). The result...