In the 1950s, Iraq was awash with new oil money; the deal negotiated in 1950 with the Western-controlled Iraq Petroleum Company, which held a monopoly on oil exploration and development, increased the government's share of revenues substantially.
The deal negotiated in the first years of the decade with the Western-controlled Iraq Petroleum Company, which held a monopoly on oil exploration and development, increased the government's share of revenues substantially. In the 1950s, Iraq was awash with new oil money.
In the 1950s, Iraq was awash with new oil money. The deal negotiated in the first years of the decade with the Western-controlled Iraq Petroleum Company, which held a monopoly on oil exploration and development, increased the government's share of revenues substantially.
In the 1950s, Iraq was awash with new oil money. The deal negotiated in the first years of the decade with the Western-controlled Iraq Petroleum Company, which held a monopoly on oil exploration and development, increased the government's share of revenues substantially.