Evidence Points to Iran in Aramco Attack: Reuters

A drone attack on Saudi Arabia’s Aramco facilities reduced the world’s oil supply by 5 percent, prompted a spike in global oil rises and increased tensions in a volatile part of the world. The United States and Saudi Arabia point fingers at Iran. Iran, already under US sanctions, denies the accusation, and President Hassan Rouhani suggests that the attack is due to the war in Yemen as Yemenis defend themselves against Saudi attacks. “The Iran-aligned Houthi group that controls Yemen’s capital claimed responsibility for Saturday’s attack, which knocked out more than half of Saudi Arabia’s oil production and damaged the world’s biggest crude processing plant,” reports Reuters. “Saudi Arabia and Iran have been enemies for decades and are fighting a number of proxy wars, including in Yemen where Saudi forces have been fighting against the Houthis for four years.” Countries are turning to storage to ease oil prices. Houthi rebels have promised additional attacks. Security analysts question how Saudi Arabia, which rank among the world’s top five nations in the world on military spending, failed to protect facilities. Yemen's civil war began in 2015. – YaleGlobal

Evidence Points to Iran in Aramco Attack: Reuters

Saudi alliance suggests that evidence points to Iran technology in attack on Aramco facilities, cutting off 5 percent of world oil supply; oil prices soar
Rania El Gamal and Aziz El Yaakoubi
Monday, September 16, 2019

Read the article from Reuters about the Aramco attack.

 US, Saudi Arabia, Russia, Canada, China, Iraq, Iran

(Source: Oil and Gas Investing News, Energy Information Administration)

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