The embargo is being circumvented by the major multinational oil companies, with at least the knowledge if not the active cooperation of European governments.

Clearly, something mysterious was afoot. While Ahmed Zaki Yamani, Saudi Arabia’s oil minister, wandered about Europe promising a continued flow of oil to the Arabs’ “friends” and privation to enemies, almost the opposite seemed to be happening. In Britain, Germany, Italy and other nations classified by the Arabs as friendly…