Iran – Are our Governments Playing with Fire ?

Image: ponsulak / *

“The first oil in the Middle East was found in Iran in 1908 by the predecessor of BP.”

“In June 1953, the US Secret Service orchestrated a coup, known as Operation Ajax. It led to the creation of a national oil company, which promptly made a deal with the so-called Consortium, in which American companies took about half of what had been BP’s exclusive position.”

“Pressures are again mounting against Iran, which, like Libya, had decided to trade its oil in national currency rather than the dollar.” Continue reading