Abadan Crisis

The Abadan Crisis occurred from 1951 to 1954, after Iran nationalised the Iranian assets of the Anglo-Iranian Oil Company (AIOC) and expelled Western companies from oil refineries in the city of Abadan (see Abadan Refinery).

Read more about Abadan Crisis:  Prelude, Nationalization, Coup D'état

Famous quotes containing the word crisis:

    I know my fate. One day my name will be tied to the memory of something monstrous—a crisis without equal on earth, the most profound collision of conscience, a decision invoked against everything that had previously been believed, demanded, sanctified. I am no man, I am dynamite!
    Friedrich Nietzsche (1844–1900)