Eisenhower Diary, October 8, 1953

Another recent development that we helped bring about was the restoration of the Shah to power in Iran and the elimination of Mossadegh. The things we did were ‘covert.’ If knowledge of them became public, we would not only be embarrassed in that region, but our chances to do anything of like nature in the future would almost totally disappear.

Nevertheless, our agent there, a member of the CIA, worked intelligently, courageously, and tirelessly. I listened to his detailed report, and seemed more like a dime novel than an historical fact. When we realize that in the first hours of the attempted coup, all elements of surprise disappeared through betrayal, the Shah fled to Baghdad, and Mossadegh seemed more firmly entrenched than ever before, then we can understand exactly how courageous our agent was in staying right on the job and continuing to work until he reversed the entire situation.

Now if the British will be conciliatory and display some wisdom, if the Shah and his new premier, General Zahedi, will be only a little bit flexible, and the United StatesUnited States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world’s third largest country in population and the fourth largest country in area.
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 will stand by to help both financially and with wise counsel, we may really give a serious defeat to Russian intentions and plans in that era.

Of course, it will not be so easy for the Iranian economy to be restored, even if her refineries again begin to operate. This is due to the fact that during the long period of shut down of her oil fieldsThis list of oil fields includes major fields of the past and present. The list is incomplete; there are more than 40,000 oil and gas fields of all sizes in the world[1].
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 [for three years], world buyers have gone to other sources of supply. These have been expanded to meet the need world buyers have gone to other sources of supply. These have been expanded to meet the need and now, literally, Iran really has no ready market for her vast oil production. However, this is a problem that we should be able to help solve.