Saudi oil attack: 'Looking like' Iran was responsible, says Donald Trump

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'It won't affect us and ultimately, it won't affect the world either.' realDonaldTrump downplays the wider impact of the drone attack on Saudi Arabia's oil facilities, saying 'it's going to fine.' Read more on this story here:

Yemen's Houthi rebels, who are backed by Iran, say they are responsible and have warned of more strikes.

But Iran's president, Hassan Rouhani, told a news conference:"Yemeni people are exercising their legitimate right of defence ... the attacks were a reciprocal response to aggression against Yemen for years."It comes as Iranian news agency INSA reported that the country's Revolutionary Guards hadIran and Saudi Arabia are locked in a long-standing power struggle in the region.Saudi Arabia is leading a coalition, which includes the UAE, in a war against the Houthi rebels in Yemen.

The country has stockpiles that will enable it to meet its export commitments in coming weeks. However it took some action to clamp down on supplies, including shutting down its pipeline to Bahrain. Why Saudi Arabia is so important to the supply of oil, and how the UK is exposed to geopolitical turbulence in the Middle East.

Senior US officials said satellite images and other intelligence showed the strike was inconsistent with one launched from Yemen, where the Houthis are based, and suggested instead that it came from Iran or Iraq.Dominic Raab, the UK foreign secretary, told Sky News:"The attack on the installations was a wanton violation of international law."It's despicable and we stand firmly in support of our Saudi partners and other international players who are outraged.

 

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