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Baron Strathalmond, of Pumpherston in the County of Midlothian, is a title in the Peerage of the United Kingdom. It was created on 18 February 1955 for the businessman Sir William Fraser. He was chairman of the Anglo-Persian Oil Company (known as BP from 1954) from 1941 to 1956. His son, the second Baron, was managing director of the Kuwait Oil Company and a director of BP and later chairman of Govan Shipbuilders. the title is held by the latter's son, the third Baron, who succeeded in 1976.