Oil prices continue to rise on news that two explosive drones had hit two pumping stations on a Saudi Aramco pipeline; The terrorist drones are reported to have created minor damage and a fire but caused Saudi Aramco to close the pipeline as a precaution; The drone attacks follow attacks on two Saudi oil tankers in the Straights of Hormuz though it is not known who launched the attacks. Iran has distanced itself from the shipping attacks describing the US military presence as a target rather
15 May 2019
Oil prices rise as drones attack Saudi pipelines
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Oil prices rise as drones attack Saudi pipelines
Cabot Energy (CAB:LON) | 0 0 0.0%
- Published:
15 May 2019 -
Author:
John Meyer | Sergey Raevskiy | Simon Beardsmore -
Pages:
3
Oil prices continue to rise on news that two explosive drones had hit two pumping stations on a Saudi Aramco pipeline; The terrorist drones are reported to have created minor damage and a fire but caused Saudi Aramco to close the pipeline as a precaution; The drone attacks follow attacks on two Saudi oil tankers in the Straights of Hormuz though it is not known who launched the attacks. Iran has distanced itself from the shipping attacks describing the US military presence as a target rather