Iran oil nationalization

EghtesadOnline: March 19th coincides with 29th of Esfand in the Iranian calendar which is the anniversary of the nationalization of oil industry in Iran.

EghtesadOnline: The fate of oil management fell into the hands of the revolutionary government in February 1979 and the National Iranian Oil Company began to run all oil sectors, but has oil really been nationalized 72 years after such a declaration?