Published: Tue, September 17, 2019
Global News | By Blake Casey

USA intelligence indicates Saudi Arabia oil attacks were staged from Iran

USA intelligence indicates Saudi Arabia oil attacks were staged from Iran

"That's why all Iranian officials, from the president and the foreign minister to all others have announced that we do not negotiate (with the U.S.) either bilaterally or multilaterally". Bohnen says oil prices jumped about 15 because because of the interruption.

In addition to the immediate loss of supply, the attack raised the specter of US retaliation against Iran, which could further inflame oil prices.

"Amid all the calls for de-escalation, Iran has now launched an unprecedented attack on the world's energy supply".

Crown Prince Mohammed bin Salman said Iranian threats were not only directed against the kingdom but against the Middle East and the world.

"We call on all nations to publicly and unequivocally condemn Iran's attacks".

Trump, too, had talked more harshly at first. To the extent that duplicitous Saudi behavior enters into the equation at all, it seems to be quickly pushed aside in favor of backing a long-time ally merely because it has been a long-time ally-in the way that Sen.

Mr Trump said Mr Pompeo and others would travel to Saudi Arabia soon.

That remark follows Trump's comments from Sunday evening, when he said, "There is reason to believe that we know the culprit, are locked and loaded depending on verification, but are waiting to hear from the Kingdom as to who they believe was the cause of this attack, and under what terms we would proceed!" In this way the United States may become the main beneficiary of Saudi oil troubles. The Journal's report said that a Saudi official indicated that the US intelligence was not definitive.

"There will be no talks with the U.S.at any level", he said. "I think the market will be reacting on the situation based on the information that will be coming out from Saudi Arabia", Novak said.

Meanwhile, the United States reiterated it was studying all available options in how it would confront an attack on Saudi Arabia's oil facilities.

"Saudi Arabia oil supply was attacked".

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Saudi Arabia has been leading a military campaign to quash the Houthi rebels in Yemen since March 2015.

Cyber Command in June instead conducted a different operation, disrupting a computer database used by Iran to plan attacks on oil tankers in the Persian Gulf hours after Iran's Islamic Revolutionary Guard Corps shot down a USA surveillance drone in the region. A Saudi military alleged "Iranian weapons" had been used. Tom Udall (D-N.M.) said in a statement on Monday.

That moment aside, the Trump administration has seemed willing-and eager, at times-to start a war with Iran.

Brent crude was down 36 cents, or 0.5 per cent, at $68.66 a barrel at 9:30 GMT, and West Texas Intermediate was down 57 cents, or 0.9pc, at $62.33 a barrel.

At the Pentagon, Defence Secretary Mark Esper suggested Iranian involvement, too.

"With all that being said, we'd certainly like to avoid" war, he said.

A day after the attacks, the White House had said Trump could meet his Iranian counterpart Hassan Rouhani on the sidelines of the United Nations General Assembly in NY next week.

President Trump says the United States has reserves and Americans won't be affected.

The new violence has led to fears that further action on any side could rapidly escalate a confrontation that's been raging just below the surface in the wider Persian Gulf in recent months.

Oil prices slid on Tuesday, although the market remains on tenterhooks over the threat of a military response to attacks on Saudi Arabian crude oil facilities that halved the kingdom's output and prompted a price spike not seen in decades. Brent crude oil price futures, the worldwide standard, leaped. Major stock indexes in Europe also fell.

US officials claimed that satellite images it released showed that the attacks appeared to come from Iran or Iraq, not Yemen, the AP reports.

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