Oil Nationalization Day

Oil Nationalization Day is a public holiday in Iran, and it is observed on March 20 each year.

Oil Nationalization Day commemorates the day when the oil industry was nationalized by the Iranian parliament in 1951.

The oil was first found in Iran in 1908, and the London-based Anglo-Persian Oil Company (APOC) was established in 1909, which was changed to Anglo-Iranian Oil Company (AIOC) after. Iran's oil industry was controlled by foreign companies that time, and the British government gained a significant amount of benefits by holding a majority of the AIOC's shares.

During World War II, the United Kingdom, the Soviet Union and the United States all wanted to control the Iranian oil industry. To protect the rights of oil industry, the National Front of Iran was founded in 1949 by Mohammad Mosaddegh, who led the movement and nationalized the Anglo-Iranian Oil Company in March 1951.

The following is the list of Oil Nationalization Day in Iran from 2021 to 2025.

HolidayDateWeekday
Oil Nationalization DayMar 19, 2021Friday
Oil Nationalization DayMar 20, 2022Sunday
Oil Nationalization DayMar 19, 2023Sunday
Oil Nationalization DayMar 19, 2024Tuesday
Oil Nationalization DayMar 19, 2025Wednesday

Leave a Reply