Why did Britain sign an agreement with Persia's ruler in the early 1900s?*1 pointA) To develop oil fieldsB) To build a canalD) To support Persia's independence movementsC) To establish a military alliance
Question
Why did Britain sign an agreement with Persia's ruler in the early 1900s?*1 pointA) To develop oil fieldsB) To build a canalD) To support Persia's independence movementsC) To establish a military alliance
Solution
Britain signed an agreement with Persia's ruler in the early 1900s to develop oil fields. The discovery of oil in Persia (now Iran) in the early 20th century attracted the interest of many foreign powers, including Britain. The British government, through the Anglo-Persian Oil Company (which later became British Petroleum, or BP), signed an agreement with the Persian ruler to extract and sell oil, in return for a share of the profits. This agreement was significant because it marked the beginning of the Middle East's transformation into a major center of oil production.
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