31 August 2022 — Declassified UK
Formerly top secret files show how the two oil corporations bankrolled UK covert propaganda operations during the 1950s and 60s. The goal was to secure British access to key oil supplies across the developing world.
BP directors meet in London, 1960. (Photo: Central Press / Getty)
The IRD used the secret subsidies to fund British covert propaganda operations during the 1950s and 1960s across the Middle East and Africa, where Britain’s oil interests were substantial. Today, the value of the payments would be in the millions of pounds.