Crisis of confidence
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Crisis of confidence. The OPEC oil cartel announced another oil price increase that sent prices skyrocketing and led to severe shortages, long lines and short tempers. . Iran Hostage crisis. 1951 Iranian parliament unanimously voted to nationalize the oil industry BP would lose millions - PowerPoint PPT Presentation
Transcript of Crisis of confidence
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CRISIS OF CONFIDENCE
The OPEC oil cartel announced another oil price increase that sent prices skyrocketing and led to severe shortages, long lines and short tempers.
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1951Iranian parliament
unanimously voted to nationalize the oil industry
BP would lose millionsMohammad Reza
PahlaviShah of Iran 1953
IRAN HOSTAGE CRISIS
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IRAN HOSTAGE CRISIS
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