1953 Iranian Coup d’Etat The study of this event goes back to the post-WWII discussions over Iranian oil. For many years, whilst being politically involved in Iran, the US had not pursued comprehensive economic ties. For decades, Iran had hosted oil concessions owned by the USSR and the Anglo-Iranian Oil Company (Britain), and these two powers held significant power in the region. They alone controlled most of Iran's oil reserves, a vital key to Iranian economic stability and strength. Although…