Terrorist Attack on Saudi Arabia Oil Plants Takes Out 5% of Global Oil Supply

Published by Matt Fishman on

A terrorist attack on two Saudi Arabia oil plants has taken out roughly 5% of global oil supply. On Saturday, “several explosions occurred as a result of terrorist attacks in Saudi Aramco plants in Khurais and Abqaiq” causing the stoppage “of crude oil supplies estimated at 5.7 million barrels, or about 50% of the company’s production.” Saudi Aramco reports that no one was killed or injured in the attack.

Yemen’s Houthi Rebels have claimed responsibility for the attack, saying they “carried out a large-scale operation with 10 drones…[in] response to US-Saudi crimes and siege since 2015.” U.S. Secretary of State Mike Pompeo has rejected this claim, stating “[t]here is no evidence the attacks came from Yemen.” Instead, Secretary Pompeo blames Iran for launching this “unprecedented attack on the world’s energy supply” calling “on all nations to publicly and unequivocally condemn Iran’s attacks” and make sure “Iran is held accountable for its aggression.” Iranian Foreign Ministry Spokesman Abbas Mousavi has refuted Pompeo’s accusation as “plotting by intelligence and secret organisations to damage the reputation of a country and create a framework for future actions.” Javad Zarif, Iran’s Foreign Minsiter, added that Secretary Pompeo is “turning to “max deceit”,… [but B]laming Iran won’t end disaster.” President Donald Trump says the U.S. is “locked and loaded depending on verification” of who Saudi Arabia “believe[s] was the cause of this attack” and how they want to proceed.


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