Winston Churchill - Churchill convinced the House of Commons to authorize the government purchase of a 51 percent share in the profits of oil produced by the Anglo-Persian Oil Company

Time: Jun, 1914

Place: London, England, United Kingdom

Details: In June 1914, he convinced the House of Commons to authorize the government purchase of a 51 percent share in the profits of oil produced by the Anglo-Persian Oil Company, to secure continued oil access for the Royal Navy.

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