1951day.year

Iranian oil industry is nationalized.

On March 15, 1951, Iran took control of its oil industry, ending foreign dominance of its key resource.
Iran's parliament passed legislation to nationalize the Anglo-Iranian Oil Company's assets. Prime Minister Mohammad Mossadegh spearheaded the move to reclaim oil revenues for the Iranian people. The decision provoked a diplomatic standoff with the United Kingdom and international oil interests. Economic sanctions and legal disputes followed, straining Iran's economy. This act became a defining moment in Iran's modern history and anti-colonial sentiment.
1951 nationalized
2022day.year

The 2022 Sri Lankan protests begins amidst Sri Lanka's economic collapse.

On March 15, 2022, protesters in Sri Lanka took to the streets demanding the resignation of government leaders amid a severe economic collapse.
Facing shortages of fuel, food, and medicines, Sri Lankans launched nationwide demonstrations against skyrocketing inflation and fiscal mismanagement. Protesters occupied government buildings, blocked roads, and organized sit-ins demanding accountability from President Gotabaya Rajapaksa’s administration. The movement grew in size and scope, uniting citizens across ethnic and social lines in a common call for political reform. International observers noted the crisis as one of the most severe economic downturns in the country's history. The protests eventually led to the resignation of key political figures and sparked debates on governance and economic policy in Sri Lanka.
2022 2022 Sri Lankan protests Sri Lanka's economic collapse