Long time Saudi oil minister who brought the West to its knees has passed away Published: February 25, 2021 21:52 Reuters Sheikh Zaki Yamani Image Credit: Ador T Bustamante/Gulf News
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 passes away.
Yamani was a witness to the 1975 murder of the Saudi king who had plucked him, a non-royal, to be oil minister. Later the same year Yamani was kidnapped at an OPEC meeting by Ilyich Ramirez Sanchez, known as Carlos the Jackal.
Rania El Gamal
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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.
Obituary: Yamani, the Saudi oil minister who brought the West to its knees yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
By Rania El Gamal DUBAI (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. That ended with his abrupt sacking in 1986 after a costly attempt to prop up crude prices, a failed strategy which has cast a shadow over Saudi oil policy to this day. In December 1975, Yamani attended the meeting of the Organization of the Petroleum Exporting Cou
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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.