Iran marks 62nd anniversary of petroleum nationalization


Iran is marking the 62nd anniversary of nationalization of petroleum industry. The Iranian parliament passed the bill introduced by Prime Minister Mohammad Mossaddegh on nationalization of the industry on March 20, 1961, Trend reports.

Ayatollah Abolghasem Hashemi approved the bill.

Some believe that nationalization of petroleum was the main reason for the CIA-sponsored coup in Iran in 1953, codenamed Operation Ajax.