Sunday, September 15, 2019

Iran Attacks Saudi Arabia Using Drones

This is a big escalation in the war between Iran and Saudi Arabia.  Please remember the Saudis are Sunni Muslims and the Iranians are Shi’ite Muslims.  The divide happened soon after Muhammad died and both of the demon-led denominations think they are correct and everyone else needs to submit to it or be terminated or at least subjugated.
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If the Saudis maintain closure of half its production, it would impact nearly 5 million barrels of crude production a day, roughly 5% of the world's daily oil production. In August, Saudi Arabia produced 9.85 million bpd, according to the latest figures from the U.S. Energy Information Administration.
Saudi Aramco President and CEO Amin Nasser said no one was hurt in the attacks and emergency crews have contained the fires and brought the situation under control.
What Riyadh has called a terrorist attack on its state oil giant, Saudi Aramco, is also likely to unsettle future shareholders and market participants ahead of the company's highly anticipated initial public offering (IPO).
"Very hard to overstate the seriousness of the attacks, especially on Abqaiq. It is the nerve center of the country's energy infrastructure," Helima Croft, global head of commodity strategy at RBC Capital Markets, told CNBC on Saturday. "Even if exports resume in the next 24 to 48 hours, the image of invulnerability has been erased."
While Yemen's Houthi rebels, who have been at war with the Saudis since 2015, claimed the attack, numerous officials and analysts point to Tehran. U.S. Secretary of State Mike Pompeo via Twitter blamed Iran for the attack, saying "Iran has now launched an unprecedented attack on the world's energy supply. There is no evidence the attacks came from Yemen."

https://news.google.com/articles/CAIiEO0we15E7ZY7SIy5Al3cGYAqGQgEKhAIACoHCAow2Nb3CjDivdcCMP3ungY?hl=en-US&gl=US&ceid=US%3Aen

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