Iran Denies U.S. Claim That It Was Behind Saudi Arabia Oil Field Attacks
(DUBAI, United Arab Emirates) — Iran denied on Sunday it was involved in Yemen rebel drone attacks the previous day that hit the world’s biggest oil processing facility and an oil field in Saudi Arabia, just hours after America’s top diplomat alleged that Tehran was behind the “unprecedented attack on the world’s energy supply.”
The attacks Saturday claimed by Yemen’s Houthi rebels resulted in “the temporary suspension of production operations” at the Abqaiq processing facility and the Khurais oil field, Riyadh said.
That led to the interruption of an estimated 5.7 million barrels in crude supplies, authorities said while pledging the kingdom’s stockpiles would make up the difference. The amount Saudi Arabia is cutting back is equivalent to over 5% of the world’s daily production.
While markets remained closed Sunday, the attack could shock world energy prices. They also increased overall tensions in the region amid an escalating crisis between the U.S. and Iran over Tehran’s unrave..