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Mozaffar ad-Din (pictured), Shah of Persia, granted exclusive rights to prospect for oil in the country to William Knox D'Arcy.
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Mozaffar ad-Din Shah Qajar
Shah of Iran from 1896 to 1907
Mozaffar ad-Din Shah Qajar was the fifth Qajar shah of Iran, reigning from 1896 until his death in 1907. He is often credited with the creation of the Persian Constitution of 1906, which he approved of in one of his final acts as shah.Source: Wikipedia (CC BY-SA)
Qajar Iran
Country in Western Asia (1789–1925)
The Guarded Domains of Iran, alternatively the Sublime State of Iran and commonly called Qajar Iran, Qajar Persia or the Qajar Empire, was the Iranian state under the rule of the Qajar dynasty, which was of Turkic origin, specifically from the Qajar tribe, from 1789 to 1925. The…Source: Wikipedia (CC BY-SA)
D'Arcy Concession
1901 concession
The D'Arcy Concession was a petroleum oil concession that was signed in 1901 between William Knox D'Arcy and Mozzafar al-Din, Shah of Persia. The oil concession gave D'Arcy the exclusive rights to prospect for oil in Persia. During this exploration for oil, D'Arcy and his team…Source: Wikipedia (CC BY-SA)
William Knox D'Arcy
British businessman
William Knox D'Arcy was a British-Australian businessman who was one of the principal founders of the oil and petrochemical industry in Persia (Iran). The D’Arcy Concession was signed in 1901 and allowed D'Arcy to explore, obtain, and market oil, natural gas, asphalt, and…Source: Wikipedia (CC BY-SA)