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Trump stops short of pinning definitive blame on Iran for Saudi oil attacks

17 September 2019

Critics may see his cautious approach as evidence of a vulnerability: an aversion to getting dragged into an unpopular Middle East war in the run-up to the 2020 US election.

NEWSBASE: The attacks on Saudi oil infrastructure are the oil industry's 9/11

16 September 2019

The attacks on Saudi oil infrastructure could turn out to be the oil industry’s 9/11. Reacting to the news, JP Morgan said: “Clearly oil assets have been massively mispriced. The assumption that production facilities are secure is wrong."

Drone attacks on Saudi oil facilities not set to impact oil flows to Europe in big way

16 September 2019

Europe takes little oil from Middle East. It is heavily dependent on Russia for crude deliveries and can turn to Moscow to fill any gaps. The effect on the oil price, however, is a different matter.