HISTORY & POLITICS

Embargo: How the 1973 Oil Crisis Changed the World

Philip Delves Broughton

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ABOUT THE BOOK

The king of Saudi Arabia had warned the Americans repeatedly: if you do not treat us with respect, we will cut off your oil. For years, nobody believed him. On 5 October 1973, he made good on his threat.

The consequences were immediate. In America, fuel rationing and an emergency speed limit couldn’t stop the lights of Times Square going out by Christmas. In Britain, the chancellor flew to St Moritz to interrupt the Shah of Iran’s skiing holiday and beg for fuel. As panic spread through Western capitals, the world’s most powerful economies discovered that their prosperity rested on decisions made in Riyadh.

Embargo is the gripping inside story of the 1973 oil crisis and the small group of leaders who shaped it: King Faisal, born a nomad and become the richest man in the world; his unflappable oil minister Ahmed Zaki Yamani; and Henry Kissinger, who failed to grasp how much leverage the Middle East had gained over the West until it was too late.

Genre: History & Politics

DETAILS

First published
2026
Format
Paperback
This edition
October 2026
Pages
384
ISBN
9781529154672
Language
en