Word: oils
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Dates: during 1940-1949
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Last fortnight Iran's Premier Mohamed Said Maraghei rejected a Russian request for oil rights in northern Iran.* Last week Moscow cracked down on Said...
Trud did not mention oil, but another Soviet thunderer did. War and the Working Class informed Russians that the U.S. controls 57% of the world's oil resources, Britain 27%, the Soviet only...
...Also rejected: three U.S. companies, Standard Oil Co. (N.J.), Socony-Vacuum Oil Co., Inc. and Sinclair Oil Corp. They sought concessions in southwestern Iran...
Young, globe-trotting Herbert Hoover Jr., 41, arrived in Washington from the Middle East and promptly hurried to the complicated grey bird's-nest that is the State Department. Hoover's firm, United Engineering Corp., S.A., has been advising the oil-conscious Iranian Government on its oil policies since last June. By last week Teheran oil politics were gushing over. Three U.S. companies-Standard Oil Co. (N.J.), Socony-Vacuum Oil Co. Inc. and Sinclair Oil Corp.-were seeking oil concessions from suave, car-mad Mohammed Shah Pahlavi in competition with the British Anglo-Iranian Oil...
...Shah bluntly told oilmen that no new concessions will be granted till war's end and all foreign troops leave the country. But oilmen took this with a grain of political salt. In prewar years, roughly 20% of Iranian' revenue came from royalties and taxes on oil pumped from the south Iran fields of the British Anglo-Iranian Oil Co., Ltd. If new fields are opened up, Iran's national income will soar...