The U.S., the world's largest crude producer, finds itself in the rare position of being able to help stabilize world markets after drone strikes on Saudi oil facilities
As the world faces the possibility of an oil-supply shock after a Saturday attack on Saudi Arabia, the U.S. finds itself in the rare position of being able to help stabilize world markets.
About half of Saudi Arabia’s global oil production was knocked offline in a drone attack. Officials said they hope to restore output to regular levels by Monday.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DOJ to release name of Saudi official allegedly involved in 9/11The Saudi government has repeatedly denied involvement in the attacks. The Saudi embassy in Washington did not immediately respond to requests for comment on Thursday.
Read more »
Saudi Princess Convicted in France of Ordering Bodyguard to Beat WorkerA French court convicted the sister of Crown Prince Mohammed bin Salman of ordering her bodyguard to assault a workman in her luxury apartment in Paris. The worker said he was also forced to kiss her feet.
Read more »
Trump Administration Turns Over Official’s Name Amid Dispute Over Saudi Role in 9/11 AttacksThe Trump administration turned over a key piece of new information to lawyers for 9/11 victims’ families, a move that could cast light on long-disputed reports of Saudi government involvement in the attacks.
Read more »
Saudi crown prince relies on Christian Evangelicals to fix imageAfter facing multiple setbacks, MBS appears to be appealing to any group willing to be entertained to bolster his image.
Read more »
U.S. energy secretary says nuclear power talks with new Saudi minister likely MondayU.S. Energy Secretary Rick Perry said on Friday he will meet the new Saudi energ...
Read more »
Saudi TV channel: Fire at Aramco facility, no cause givenDUBAI, United Arab Emirates (AP) — An explosion and fire has struck a major Saudi Aramco oil processing facility in the kingdom's east, a Saudi-owned satellite channel reported Saturday, without...
Read more »