Following reports of how quickly the kingdom could restore production, oil prices fell on Tuesday. Brent, the international benchmark, was down 6 per cent to US$64.89 a barrel. US oil was down 5.4 per cent to US$59.50.
Saudi Arabia, however, has claimed the attack did not come from Yemen and said initial investigations show Iranian weapons were used. The kingdom, though, has not yet said where the attack was launched from or what kind of weapons were involved. Earlier, he had said the US was "locked and loaded." He also said the impact of oil production shortages would not be significant on the US, which is a net energy exporter.
Iran's supreme leader said Tuesday "there will be no talks with the US at any level". His remarks appear to end all speculation about a possible US-Iran meeting between the two countries' presidents at the UN later this month. There had been reports about a possible meeting between Trump and his Iranian counterpart, Hassan Rouhani, during the upcoming UN General Assembly next week in New York.
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Saudi Arabia says weapons used to attack its oil facilities were IranianSaudi Arabia says that Iranian weapons were used to attack the kingdom’s oil installations, dismissing claims of responsibility by Yemen’s Houthi rebels. There's no evidence put forward in this story to prove which party launched the strikes .. MadeInAmerica Utter BS
Source: smh - 🏆 6. / 80 Read more »
US official says Iran behind Saudi attack, warns of possible strikesThe US has concluded that an attack on Saudi oil facilities was launched from Iran, an official said Tuesday as Vice President Mike Pence again warned that the US military is 'locked and loaded' for a possible response. Just like Iraq Rubbish!
Source: SBSNews - 🏆 3. / 89 Read more »
Facing global trade war and drought, Australian farmers predicting four-year lowA new report by the Australian Agriculture Department reveals the ongoing drought and international trade stoushes will have a significant negative impact on farming exports
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'I am terrified': Motorists worried Saudi attack will drive up fuel pricesMotorists are increasingly concerned the attack on Saudi Arabia's oil facilities will drive prices at home up. weir_benjamin Buy a pushbike weir_benjamin i feel very smug driving in my electric car now, use solar energy on my house to charge it up weir_benjamin Keep them in fear.
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Pentagon urges restraint as US blames Iran for Saudi strikesUS military officials are also privately urging caution, seeking to defuse tensions they believe could push the United States into a possibly bloody conflict. This is disturbing. If it's confirmed that Iran is behind it, what practical or moral reasoning is there for not responding in a manner that severely deters any future attacks? Should no one ever respond to aggression since it could lead to further conflict? 🙄 I thought Saudi also proved Iran was involved,,
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Trump says Iran likely behind Saudi attack but softens tone on military responseOne day after saying the US was locked and loaded to retaliate against those responsible for the weekend's attacks on Saudi Arabian oil plants, US President Donald Trump now says he's in no rush to take action. TRUMP LIES. TRUMP LIES. TRUMP LIES. My money is on gremlins. Bit awkward to go in hard against the hornets, when you're the idiot who kicked their nest in the first place after every adult in the room told you not to.
Source: abcnews - 🏆 5. / 83 Read more »