Politic > U.S.

Yemen Atrocity Sparks Call For War Crimes Investigation Of Saudi Officials In U.S. And U.K

8 monthes ago   |   By

Lawyers have called on officials in Washington and London to investigate high-ranking Saudis they say were responsible for the attack on a funeral in October 2016 which killed 137 people
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Saudi oil attacks: All the latest updates

8 monthes ago   |   By

Media reports speculate drone attack on Saudi oil fields could have travelled over sea or through Kuwait's airspace.
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Trump pledges to help allies in Middle East after Saudi attacks

8 monthes ago   |   By

U.S. President Donald Trump said on Monday the United States would help its allies despite U.S. energy independence, after Washington blamed Iran for an attack on Saudi Arabia that has closed 5% of global crude output.
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How Drones Are Dramatically Changing Warfare

8 monthes ago   |   By

The attack on Saudi Arabia's oil facilities using drones loaded with explosives will result in a global production cut of around five percent
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Yes, Iran Was Behind the Saudi Oil Attack. Now What?

8 monthes ago   |   By


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Oil prices up more than 15 percent after attack on Saudi facilities

8 monthes ago   |   By

Secretary of State Mike Pompeo reassured Sunday that the United States would work with its partners to make sure that energy markets remain well supplied.
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The Saudi drone attack took out a known weak spot in the supply chain with low-tech weapons that Saudi was powerless to stop

The Saudi drone attack took out a known weak spot in the supply chain with low-tech weapons that Saudi was powerless to stop

8 monthes ago   |   By

An attack Saturday on a major Saudi oil facility knocked out 5% of global supply, and roiled the markets.
What's more, it was achieved with easy-to-acquire and relatively cheap military equipment.
Saudi Arabia has spent billions defending its oil fields, but this came to nothing.
The attacks appears designed to show how easily such an attack can threaten the world economy.
Visit Insider's homepage for more stories.
The drone and cruise missile attack on Saudi oil production facilities sent an unmistakable message: that even low-tech weaponry like that used by Iran and its allies in Yemen...
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Oil surges 20% after Saudi attack, softens on stockpile hopes

8 monthes ago   |   By

Oil prices surged nearly 20% at one point on Monday, with Brent crude posting its biggest intraday gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities at the weekend halved the kingdom's production.
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Trump officials claim that satellite imagery and the direction of the Saudi oil field attack prove that Iran was to blame

8 monthes ago   |   By

US officials have revealed evidence that they claim indicates likely Iranian responsibility for Saturday's attack on two major oil fields in eastern Saudi Arabia.
President Donald Trump on Sunday said that the US is "locked and loaded" in response to the attack, though he declined to name Iran as the culprit.
US secretary of state Mike Pompeo blamed Iran for the attack on Saturday, despite Houthi rebels in Yemen claiming responsibility.
Visit Business Insider's homepage for more stories .
Trump administration officials have claimed that intelligence assessments indicate that Iran was...
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Kremlin warns against ‘hasty conclusions' over attacks in Saudi Arabia

8 monthes ago   |   By

MOSCOW - Russia urges countries in the Middle East and outside the region not to draw 'hasty conclusions' on who staged the attacks on Saudi oil facilities, Kremlin spokesman Dmitry Peskov told reporters on Monday.
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DealBook Briefing: The World Reckons With a New Oil Order

8 monthes ago   |   By

The weekend's attacks on plants owned by Saudi Arabia's state-owned oil company spooked investors this morning - and may do so for a long time to come.
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Oil-exporter currencies and safe havens gain after Saudi attacks

8 monthes ago   |   By

LONDON - Currencies linked to the price of oil rose on Monday after an attack on Saudi Arabian refining facilities disrupted global oil supplies, while the Japanese yen and Swiss franc strengthened as nervous investors sought safety.
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Energy prices spike after Saudi oil attack, US blaming Iran

8 monthes ago   |   By

DUBAI, United Arab Emirates - Global energy prices spiked on Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an assault for which President Donald Trump warned that the U.S. was "locked and loaded" to respond.
U.S. officials offered satellite images of the damage at the heart of the kingdom's crucial Abqaiq oil processing plant and a key oil field, alleging the pattern of destruction suggested the attack on Saturday came from either Iraq or Iran - rather than Yemen, as claimed by Iranian-backed Houthi rebels...
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Global Markets Edge Lower Amid Worries Over Saudi Arabia and China

8 monthes ago   |   By

Oil futures briefly jumped 20 percent as investors weighed the impact of the weekend's strike on two Saudi oil facilities.
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EU says need to determine Saudi attack facts before establishing blame

8 monthes ago   |   By

The European Commission said on Monday it was important to determine the facts behind the attack on Saudi Arabia's oil facilities before establishing who was responsible.
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German petrol prices at pumps stable after Aramco attack: industry group

8 monthes ago   |   By

The attacks against oil refineries in Saudi Arabia have so far had no impact on prices at filling stations in Germany, the country's Petroleum Industry Association said on Monday.
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Changing Oil Landscapes: CEO Daily

8 monthes ago   |   By

Good morning.
The attack on Saudi oil fields over the weekend caused the biggest disruption of oil production since Saddam Hussein invaded Kuwait in 1990. But it's also a reminder of how much has changed since then.
In those days, Saudi Arabia was the largest producer of oil in the world. Last year, the United States took the honor, thanks to the wonders of hydraulic fracturing and horizontal drilling. Moreover, the end of the world's oil addiction is now within sight. McKinsey predicts “peak oil” will arrive in just a little over a decade-2030-not because of a lack of supply, as once...
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Releasing oil reserves is joint decision of IEA: Germany

8 monthes ago   |   By

The German government said on Monday its supply of oil was not affected by attacks at the weekend against Saudi refineries and any decision to release strategic reserves needed to be made jointly with members of the International Energy Agency .
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U.S. energy secretary says oil market robust after attack on Saudi plants

8 monthes ago   |   By

The oil market is resilient and will react positively to the attack on Saudi Arabia's oil industry, U.S. Energy Secretary Rick Perry said on Monday, blaming the attack firmly on Iran.
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