Drone Strikes in Saudi Arabia Shut Down Half of Kingdom’s Oil Production – US Blames Iran — Possible Cruise Missile Attacks
A drone attack this weekend shut down half of Saudi Arabian oil production.
The US blamed Iran for the attack.
And later today the United States released satellite pictures showing th surgical strike on the oil facility in Abqaiq, Saudi Arabia.
— Reuters Top News (@Reuters) September 15, 2019
US officials say evidence now pointing towards cruise missile attacks from Iraq or Iran, not drone strikes from Houthis in Yemen.
Photos released by Trump administration show extent of weekend attack on Saudi oil industry. US officials say evidence now pointing towards cruise missile attacks from Iraq or Iran, not drone strikes from Houthis in Yemen. But no official assessments yet from DC or Riyadh. pic.twitter.com/0HDz4DFXnH
— Dion Nissenbaum (@DionNissenbaum) September 15, 2019
Oil prices are expected to surge on Monday.
Oil prices surge: An attack on a critical Saudi Arabia oil plant pushes crude prices sharply higher, though the long-term impact depends on how long production is disrupted and how the U.S. and countries in the Mideast react. https://t.co/tqFR0ed9pk
— The Associated Press (@AP) September 16, 2019
Brent crude oil surged more than 17% on news of the strike.