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Iran in Crisis as Oil Nationalization Sparks Regional Tension
The article argues Iran’s move to nationalize the Anglo-Iranian Oil Co raises fears in Britain and the United States. It cites rising Communist influence and Soviet support, including a $20 million trade treaty, and notes Iran’s vast oil reserves and production of about 704,000 barrels daily. It warns of a potential global divide if Communist expansion succeeds.
MENTIONED IN THIS ARTICLE
Iran
Persia
Middle East
Anglo-Iranian Oil Company
United States
Radio
Tehran
Voice of America
Tudeh
England
Scotland
Wales
Italy
Spain
Russia
Venezuela
Persian Gulf
Arctic
Arabian Sea
Kremlin