From Robert Sherrill’s “100 (Plus) Years of Regime Change” (The Texas Observer: 14 July 2006):
In 1953 the brutal, venal shah of Iran, Mohammad Reza Pahlavi, was pushed into exile by Mohammad Mossadegh, the democratically elected prime minister. …
Iranians loved Mossadegh. He made clear that his two ambitions were to set up a lasting democracy and to strengthen nationalism – by which he meant get rid of the Anglo-Iranian Oil Co., which had been robbing Iran for half a century. Indeed, the British company had been earning each year as much as all the royalties it paid Iran over 50 years. Mossadegh intended to recapture those riches to rebuild Iran.
In a scheme to get rid of Mossadegh, the British enlisted Secretary of State [John Foster] Dulles; he in turn enlisted his brother, CIA Director Allen Dulles, and what ensued was a truly masterful piece of skullduggery. … The CIA plotters ousted Mossadegh and restored the shah to his Peacock Throne.
For Secretary of State Dulles and his old law clients – including Gulf Oil Corp., Standard Oil Co. of New Jersey, Texaco Inc., and Mobil Corp., who were subsequently allowed to take 40 percent of Iran’s oil supply – the shah’s return was a happy and very lucrative event.