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.
‹ Earlier in historyNationalist leader John Redmond forced the Volunteers to give his nominees a majority on the ruling committeeJun, 1914 Later in history ›Massacre of PhocaeaFriday Jun 12, 1914
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