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Sheikh Ahmed Zaki Yamani, long-serving Saudi Mr Oil who brought the West to heel – obituary

Sheikh Ahmed Zaki Yamani, long-serving Saudi ‘Mr Oil’ who brought the West to heel – obituary Telegraph Obituaries © Hulton Archive/Getty Images Sheikh Ahmed Zaki Yamani circa 1975 - Hulton Archive/Getty Images Sheikh Ahmed Zaki Yamani, the former Saudi Oil Minister, who has died in London aged 90, was the architect of the Arab oil policy in the 1970s that sent oil prices sky-high, threw the world economy into chaos and changed the balance of international power. For two decades Yamani was “Mr Oil”, the soft-voiced negotiator who dominated the councils of the international price fixers and who could inject confusion into the stock markets with a throwaway remark to a reporter. He knew exactly how to manipulate prices and how to seize an advantage by cutting production. Whether his strategy benefited Arabian oil producers in the longer term was another matter.

Khorasane ra aviUnited statesUnited kingdomAl madinahSaudi arabiaAr riyaCity ofAl qahirahKing faisalSheikh ahmed zaki yamaniJimmy carterHashemite muslimSipa shutterstockYom kippurAlec douglasAbu dhabi

Obituary: Yamani, the Saudi oil minister who brought the West to its knees

6 Min Read DUBAI, Feb 23 (Reuters) - Saudi Arabia’s Sheikh Zaki Yamani, the embodiment of the ascent of Arab petroleum power and the face of the 1973 oil embargo that brought the West to its knees, has died. Yamani was a witness to the 1975 murder of the Saudi king who had plucked him, a non-royal, from obscurity to be oil minister. Later the same year Yamani was kidnapped at an OPEC meeting by Ilyich Ramirez Sanchez, known as Carlos the Jackal. Yamani, 91, died in London, Saudi state media reported on Tuesday. Known for his elegant manner and trademark goatee beard, Yamani’s 24-year tenure running the oil affairs of the world’s biggest crude producer made him a global celebrity during the inflationary “oil shocks” of the 1970s.

United statesUnited arab emiratesAr riyaSaudi arabiaCity ofUnited kingdomAl qahirahNorth seaOceans generalKing faisalIlyich ramirez sanchezDavid goodmanRania el gamalJeffrey robinsonArabia sheikh zaki yamaniThomson reuters trust principles

Former Saudi oil minister Yamani, the face of 1973 oil embargo, dies at 90

The Straits Times Former Saudi oil minister Yamani, the face of 1973 oil embargo, dies at 90 Sheikh Zaki Yamani had extricated the Saudi oil industry from the grip of American companies.PHOTO: PROF. JAMAL SANAD AL-SUWAIDI/TWITTER PublishedFeb 23, 2021, 4:55 pm SGT https://str.sg/JH9a They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months.

United statesUnited arab emiratesAr riyaSaudi arabiaCity ofUnited kingdomAl qahirahNorth seaOceans generalKing faisalIlyich ramirez sanchezJeffrey robinsonArabia sheikh zaki yamaniSheikh yamaniSaudi aramcoOrganisation of the petroleum exporting countries opec

Ahmed Zaki Yamani, Who Helped Lead 1973 Oil Embargo, Dies at 90

Ahmed Zaki Yamani, Who Helped Lead 1973 Oil Embargo, Dies Bloomberg 2/23/2021 © NY Daily News via Getty Images Sheikh Ahmed Yamani leaves Kennedy airport. (Bloomberg) Sheikh Ahmed Zaki Yamani, the former Saudi Arabian energy minister who helped direct the 1973 oil embargo and was later kidnapped by Carlos the Jackal, has died. He was 90. Popular Searches He passed away in London and will be buried in Islam’s holiest city of Mecca, state-run Ekhbariya TV reported. Yamani, along with counterparts in other Arab oil exporters and Iran, managed a series of production cuts in 1973 and halted supplies to the U.S. and other Western countries. The embargo, which caused an international crisis after oil prices spiked, was a response to Washington’s support for Israel in the Yom Kippur war against Egypt and Syria. It coincided with successful efforts by petrostates to wrest control of their resources from international companies and marked Saudi Arabia’s emergence as a le

United statesAr riyaSaudi arabiaCity ofUnited kingdomAsh sharqiyahNorth seaOceans generalSaudi arabianSheikh ahmed yamaniIlich ramirez sanchezAlirio parraAhmed zaki yamaniYom kippurJamshid amouzegarBp plc

Ahmed Zaki Yamani, Saudi minister and symbol of the new age of oil, dies at 90

He led the kingdom through the 1973 oil crisis and the nationalization of its state energy company.

Saudi arabiaAl qahirahUnited statesRed seaDjibouti generalCity ofUnited kingdomSaudi arabianKing faisalLaila sulleiman faidhiIlich ramTamam al anbarYom kippurAnis naccacheDaniel yerginAhmed zaki yamani

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