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:
“In crisis is cleverness born.”
—Chinese proverb.
Related Phrases
Related Words