Captions
|
Power Grabs and Crude Decisions Paasha Mahdavi
|
 |
This photograph was taken on June 27, 1974, in Versailles, France, at a press conference held by the Shah of Iran, Mohammad Reza Pahlavi. Eighteen months earlier, the Shah had re-nationalized the oil operations of French, British, and American companies in Iran in a bitter dispute over production levels and revenues owed to the Iranian treasury. Yet here he was in Versailles, accompanied by fireworks and a full-blown Royal welcome, inking a $1 billion deal as advance payment for shipping Iranian oil to France......... |
