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became the symbol and representative of the new age of oil |
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He was given more power and influence- he was only the representative and oil minister of Saudi Arabia- He could not dictate policy only shape it- widely known as Sheikh |
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In the West he became the embodiment of the OPEC Imperium and the ascendancy of oil power |
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He was devoted to King Faisal who appointed him |
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International terrorist known as “Carlos” |
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a Marxist from Venezuela led a terrorist attack killing oil ministers on a meeting in the OPEC building |
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became obsessed about security after terrorist attacks killing oil ministers |
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was assassinated and his half brother Khalid |
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thought money was not the remedy but the cause of his nation’s ailments |
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met with President Carter- made a trade, joined Saudi in moderation on oil prices in exchange for the continued flow of arms from the US |
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president of Gulf Oil Trading Company |
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Assumed they would retain preferential access in Kuwait because the company had been there for almost a half century long |
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declared not only the oil industry but all foreign investment in Venezuela should be nationalized |
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“blank check” policy= gave him a free hand to buy as many American weapons as long as they were not nuclear |
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The price increase was a great victory and He could now fulfill what he called “Iran’s Great Civilization” and solve Iran’s domestic problems |
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