Arab oil embargo

This file concerns oil matters in Saudi Arabia, especially the resumption of its oil supplies to the UK and the US despite the Arab oil embargo which followed the Six-Day War. It contains correspondence, press cuttings, and the text of monitored broadcasts on:

• Saudi Arabia's oil policy, outlined by the Oil Minister Sheikh Ahmad Zaki Yamani, including the text of a presentation at the American University in Beirut on 14 April 1967
• Losses of Saudi oil revenues arising from the Six-Day War; the consequent need for reductions in budgetary expenditure
• Saudi proposals to resume the supply of oil to Britain and the US; Egypt's reaction, from the International Confederation of Arab Trade Unions and from the Arab Lawyers Federation
• Criticism of Arab oil policy in the Saudi press
• Visit by Sheikh Yamani to Kuwait to muster support for opposition to the Arab oil embargo; his talks with Sayyed Abdul Rahman Atiqi the Amir and the Prime Minister
• Estimates of possible production increases by ARAMCO; the possibility of an Arabian American Oil Company (ARAMCO) strike
• Report by the Ambassador M C G Man on the background to the Arab oil embargo and Saudi response to the Six-Day War
• Proposed Saudi-Romanian oil barter deal
• Oil and gas discoveries in the Gulf; an extract from Petroleum Intelligence Weekly dated 22 April 1968
• Biographical details on Saudi Arabia’s representative on the Organisation of Petroleum Exporting Countries (OPEC) Isam Kabbani
• Establishment of the Organisation of Arab Petroleum Exporting Countries (OAPEC); an explanation of its aims by Sheikh Yamani