Hacker News new | ask | show | jobs
by bananabreakfast 2137 days ago
Not strange at all when you consider the Iranians had absolutely no means of extracting it themselves.

They gave willing access to their natural resources in exchange for a relatively massive revenue windfall then seized the sizable British capital investments with no compensation.

2 comments

Right, so if BP drills for oil in South Texas that means that the Texas oil reserves should be under their control? This viewpoint reeks of racism and Anglo-Saxon exceptionalism.
Those investments were made in a country which was unstable so I don’t see how these companies are owed anything back.