Global energy prices surged Monday after a weekend attack on oil facilities in Saudi Arabia that disrupted more than 5% of the world's daily supply – and after the Yemen rebel group that claimed responsibility threatened new attacks on Saudi interests.The U.S. government released satellite images showing the extent of the destruction at the Abqaiq oil processing plant and a key oil field, where an estimated 5.
Yahya Saree, a spokesman for the Houthi-rebel-run Saba News Agency, said Monday the group may launch additional"more painful strikes" as long as Saudi Arabia's government"continues its aggression and blockade on Yemen." Mousavi said that the"Americans adopted the 'maximum pressure' policy against Iran, which, due to its failure, is leaning toward 'maximum lies.'""We have been constantly preparing ourselves for a full-fledged war," Amir Ali Hajizadeh, commander of the Iran's Revolutionary Guards aerospace force, told the Tehran Times on Sunday. He warned the U.S. that its military assets in the Middle East were within striking distance of Iran's military.
Saturday’s attack halted production of more than half of Saudi Arabia’s global daily exports, most of which goes to Asia. At 5.7 million barrels of crude oil a day, the Saudi disruption would be the greatest on record for world markets, according to figures from the Paris-based International Energy Agency. It just edges out the 5.6 million-barrels-a-day disruption around the time of Iran’s 1979 Islamic Revolution, according to the IEA.
The U.S. is expected to export more energy that it imports by 2020, according to the Energy Information Administration, a U.S. government agency.Gradual increases may be seen at U.S. gas stations before next weekend depending on how fast the kingdom's state-owned oil behemoth Saudi Aramco can revive lost output, said Patrick DeHaan, head of petroleum analysis at GasBuddy.
Trump's"locked and loaded" rhetoric mirrors remarks he made after Iran shot down a U.S. military surveillance drone in June. Trump later said that he pulled back from retaliating against Iran at the last minute. The U.S. has also blamed Iran for a series of mysterious attacks on oil tankers operating in the Persian Gulf, which Iran denies.
US when Saudis murder people: 😴😴😴 US when murdered people's families hurt Saudis oil: 🔫🔫😤🚨🚨🚨🇺🇸🇺🇸
Remember, the Constitution grants the power to decide war, to Congress, not Trump or Saudi Arabia....