During the early part of the Shah's reign, Iran also had a democratically elected Parliament and PM. The PM Mohammed Mossaddegh wanted to revisited the royalties charged to Anglo-American (present day BP). Anglo said no, Iranians nationalized Anglo-American. Later in 1953, British and American covert ops launched project ajax to overthrow the PM and make the Shah absolute ruler. You can read about the 1953 Coup. It is well documented. The heavy handed rule of the Shah post coup led to the eventual revolution.
To be fair, I think internally in the U.S. it was portrayed as: nationalizing Anglo = socialism = communism (the ultimate 1950's evil)
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