In March 15, 1951, the National Assembly, led by Prime Minister Hossein Ala, unanimously voted to nationalize the oil industry, which at the time was dominated by the Anglo-Iranian Oil Company (now BP). In 1953, the British MI6 and American CIA orchestrated a coup against Mohammed Mossadegh's government. Agents fueled rumors that the republican-minded Mossadegh was planning on abolishing the monarchy and declaring himself President of a new Republic of Iran, leading to a pro-monarchist backlash from the public and leading to a successful result in the coup against the prime minister.