News ID: 245
September 19, 1954, Ali Amini, Minister of Finance of the Zahedi Government, signed the text of the agreement with the International Oil Consortium. The contract was signed by Mohammad Reza Pahlavi on October 29, 1954, and the next day the first oil tanker belonging to a consortium of Western countries was loaded in Abadan, and a new era of foreign countries domination of Iran's economic resources and looting of great national wealth by the United States began. After the victory of the Islamic Revolution, Iranian oil was officially nationalized, but it was still the first and main point of contention between Iran and the United States. But during this period, the Islamic Republic not only mastered the mechanism of circumventing sanctions and making them ineffective, but also showed a brilliant record in implementing regional and supra-regional sanctions policies.
Publish Date : 12:31 - 2021 December 07

Irdc.ir: After the coup d'état of August 19, 1953, the Americans carried out the last stage of the coup plan and the first steps of the new colonization of Iran. In September 1954, the colonial contract of the Iranian Oil Consortium was signed with the Americans. According to Gholamreza Nejati, "the consortium agreement was a colonial agreement imposed on Iran by the Shah-Zahedi puppet regime after the coup d'état of August 19, 1953, and its provisions were contrary to the law on the nationalization of the oil industry."


In his memoirs, Anthony Eden also mentions the haste of Mohammad Reza Pahlavi in ​​approving the consortium and the betrayal of the Iranian parliament in this regard, "The Shah played a decisive role in preventing the parliament from delaying the approval of the contract and putting pressure on the parliament. Although many members of the 18th House did not understand the text of the draft, which was drafted in London and translated into English, they approved it by 113 votes to 5, with one abstention. "The Senate approved it with 41 votes in favor, 4 against and 4 abstentions."

With the approval of the two houses, on November 29, 1954, this agreement was signed by Mohammad Reza Pahlavi. The next day, on the 8th of October the first oil tanker belonging to a consortium of Western countries was loaded in Abadan, and a new era of foreign countries domination of Iran's economic resources and looting of great national wealth by the United States began.


In the meantime, Ayatollah Kashani was one of the few people who reacted to this treacherous act. In part of his statement, he protested against this vicious and colonial American agreement: "Because of the hundreds of millions of dollars that Iranian oil owes to the American colonial capitalists, the oppressed nation will despair of freedom and become suspicious of all the claims of the Western world. The Iranian people also have the right to imagine that the millions of dollars that come to Iran as aid from the United States, and most of it is spent to satisfy the greed of a few, was just to get it out of the throats of the suffering nation a few hundred times later.»

In fact, the consortium paved the way for the expansion of economic dependence and the development of capitalism in Iran. Not only oil but all economic, military and industrial structures came under American domination.

The oil consortium was a symbol of national humiliation as opposed to the independence and identity of Iranians, which Western writers described as a "catastrophic defeat for Iran's national aspirations." The looting of Iran's oil resources by foreigners centered on the United States has always been one of the important topics in Imam Khomeini's statements and declarations criticizing the Pahlavi regime. In fact, the oil industry was a complete symbol and the cause of the dependence of the Pahlavi regime.


After the victory of the Islamic Revolution, Iranian oil was officially nationalized, but it was still the first and main point of contention between Iran and the United States.

Where, after the capture of the spy nest by Students following the Imam's line in 1979, then-US President Jimmy Carter used the first instrument of sanctions against Iran, banning the import of oil and oil products from Iran in Declaration 4702.

Similarly, over the past 40 years, Iran's oil industry and its affiliates have been repeatedly placed on the US sanctions list as a means of restricting Iran. In recent years, the strategy of maximum pressure against Iran in the form of the most comprehensive and complete sanctions policies aimed at defeating the Islamic Republic was applied. But during this period, the Islamic Republic has not only mastered the mechanism of circumventing sanctions and making them ineffective, but also seeks to expand and implement regional and trans-regional anti-sanctions policies to save other nations and governments, such as Venezuela and Lebanon.

One of the latest steps in this direction was to send huge shipments of fuel to Lebanon. This operation, initiated by Hezbollah in Lebanon despite the policies of the United States and its allies, especially the Zionist regime, imposed new rules on regional equations and US policies toward the axis of resistance.


Abdul Bari Atwan, editor-in-chief of the trans-regional newspaper Rai Al-Youm, described the incident as a "major political and humanitarian defeat" for the United States. Atwan described the incident as a simultaneous failure of three US sanctions imposed on Iranian oil, Syrian ports and the Lebanese people, and said that the United States legislation that sanctions the Syria known as the Caesar Act is dying. America's arms and legs burned in the Middle East, and all its plans have failed, and it has no choice but to find a safe way out of the region to reduce its losses.

Anyway In any case, seven decades after the humiliation of Iran's oil in the consortium of August 1954, the will of the Iranian nation and the current of resistance in August 2021 won in the face of the enemies.

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