As for Iran, the CIA admits that the U.S. overthrew the moderate, suit-and-tie-wearing, Democratically-elected prime minister of Iran in 1953. He was overthrown because he had nationalized Iran’s oil, which had previously been controlled by BP and other Western oil companies. As part of that action, the CIA admits that it hired Iranians to pose as Communists and stage bombings in Iran in order to turn the country against its prime minister. If the U.S. hadn’t overthrown the moderate Iranian government, the fundamentalist Mullahs would have never taken over.
They’re referring, of course, to Mohammad Mosaddegh, who was overthrown in 1953 by the CIA, egged on by the Brits. He had nationalised BP as he felt (with good reason) that Iran wasn’t getting its fair share of oil revenues. You get into a discussion with an Iranian about their history, and sooner or later his name will come up.
And for me, of course, my family business could have sold equipment to an Iranian oil company, just as it did with Aramco, National Petroleum of the UAE, PDVSA, CNOOC, ENAP, Petrobras…and I could have gotten to know then in Tehran and not they having to come to me.
Zero Hedge’s article on the subject of the ban deserves a full reading about all the other countries that were included–and those who weren’t.