By Prof Michel Chossudovsky and Drago Bosnic
Global Research
March 31, 2026
In 1951, Mohammad Mosaddegh, became Prime Minister of Iran.
His secular government initiated the Nationalization of the Anglo-Iranian Oil Company (AIOC) through an Act of Parliament leading to the formation of the National Iranian Oil Company (NIOC).
Only Two years of parliamentary democracy (1951-53)
In 1953 the CIA-MI6 led a Coup d'Etat against the democratically elected secular government of Prime Minister Mohammed Mossadegh.
The coup was led by Richard Helm and Frank Gardner Wisner. The CIA-MI6 Sponsored Coup led to the overthrow of Prime Minister Mosaddegh who was first imprisoned and then put under house arrest until his death in 1967.
in 1951, the National Iranian Oil Company was scrapped.
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