LONDON/DUBAI (REUTERS) - Saudi Arabia sought to calm markets on Tuesday (Sept 17) after an unprecedented attack on its oil facilities, with sources saying output was recovering much more quickly than initially forecast and could be fully back in two or three weeks.. Read more at straitstimes.com.
LONDON/DUBAI - Saudi Arabia sought to calm markets on Tuesday after an unprecedented attack on its oil facilities, with sources saying output was recovering much more quickly than initially forecast and could be fully back in two or three weeks.
The assault on the world's biggest crude oil processing was the worst on regional oil facilities since Saddam Hussein torched Kuwait's oil wells during the 1990-91 Gulf war. He said talks could only take place if the United States returned to a nuclear accord between Iran and the West that Trump abandoned last year.
German Chancellor Angela Merkel said the Iran nuclear pact, which European parties are trying to salvage, is one building block"we need to get back to". 'COWARDLY ATTACKS' Iranian President Hassan Rouhani said Yemenis had launched the strikes in retaliation for attacks by a Saudi-led coalition that has been battling the Houthis for four years. Riyadh says Teheran arms the group, which has fired missiles and drones on Saudi cities, a charge both deny.
Trump sent Secretary of State Mike Pompeo to Saudi Arabia, but stressed he had not made any commitments to protect the Saudis.
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