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Nissho Maru Incident
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1953 oil import incident
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Wikipedia

The Nissho Maru Incident (Japanese: 日章丸事件, Persian: حادثه نیشومارو) was a 1953 incident in which a Japanese ship broke the oil trading embargo that the United Kingdom had unilaterally imposed on Iran. This bold move directly linked Iran, the world's leading oil producer, with Japan, a major oil consumer. As a result, the price of domestic oil...

Instance of
Economic history
References
Wikidata