This appeared in CNBCTV18 a few weeks ago. Iran and the United States of America have had a rather tumultuous relationship for the best part of seven decades. In the 1950’s there were two major upheavals. The first was the nationalisation of oil by the Iranian government, that moved the resource from the controls of the Anglo Iranian Oil Company – the forerunner of British Petroleum – to the state. The second was a CIA funded coup in 1953, to replace the democratically elected Prime Minister of Iran, Mohammad Mosaddegh and replace him with the more pliant Reza Pahlavi as
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