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How Sheikh Ahmed Zaki Yamani shaped the Middle East's oil industry thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.
Oil embargo architect (and Carlos the Jackal kidnap victim) dies Anthony Di Paola, Paul Wallace and Donna Abu-Nasr Feb 24, 2021 – 11.22am Share Riyadh/London | 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. He died in London and will be buried in Islam’s holiest city of Mecca, state-run Ekhbariya TV reported. Sheikh Ahmed Zaki Yamani, right, with then-Austrian transport minister Ferdinand Lacina at an OPEC reception in 1985. AP Yamani, with counterparts in other Arab oil exporters and Iran, managed a series of production cuts in 1973 and halted supplies to the US and other 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. ....