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The concession granted to Britain in Iran, particularly the 1901 agreement allowing British control over Iranian oil fields, significantly impacted Iran's sovereignty and economy. It led to widespread resentment among the Iranian populace, contributing to nationalist movements and anti-imperialist sentiments. The concession also heightened tensions between various powers vying for influence in the region, ultimately culminating in the Constitutional Revolution of 1905-1911, which sought to limit foreign control and promote democratic reforms in Iran.

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