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To understand the nature of American and British “democracy promotion” in Iran, it is important to examine their historical practices regarding “democracy” in Iran. Specifically, the events of 1953 present a very important picture, in which the United States orchestrated its first foreign coup, with guidance and direction from the British, who had extensive oil interests in Iran. The first democratically elected government of Mohommad Mossadeq in 1951 announced the nationalization of the Anglo-Iranian Oil Company (later to be re-named British Petroleum), which had an exclusive monopoly on Iranian oil. This naturally angered the British, who, in 1952, convinced the CIA to help in a plot to overthrow Iran’s government.