Oil runs the world. From our cars to our houses, most of us can’t live without it. From the 1940s to the 1960s, though, oil played another specific role as a central part of conflict and diplomacy during the Cold War. It was during this era that Iran developed into the world’s first “petro-state”: a nation whose state revenue, industrializing economy, military, and growing middle class all depended on the growth of the oil industry. This all occurred alongside major Cold War developments, inc...
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