StockDuty ← Dashboard Oct 18, 2026 11:24 PM ET
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America’s oldest bad idea about oil

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What happened: The article compares the 1953 CIA-directed overthrow of Iranian Prime Minister Mohammad Mossadegh, after he nationalized the Anglo-Iranian Oil Company, to President Donald Trump telling reporters on Oct. Why it matters: The piece argues Washington has a long record of treating elected leaders as bad for oil markets, and that Trump's grievance, tied to diesel needs of American farmers and ranchers, echoes that pattern.
The article compares the 1953 CIA-directed overthrow of Iranian Prime Minister Mohammad Mossadegh, after he nationalized the Anglo-Iranian Oil Company, to President Donald Trump telling reporters on Oct.
The piece argues Washington has a long record of treating elected leaders as bad for oil markets, and that Trump's grievance, tied to diesel needs of American farmers and ranchers, echoes that pattern.
Sources