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Sep 15 - US 'locked and loaded' after Saudi attacks


 
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 1 month ago '05        #1
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bobbysteels18  topics gone triple plat - Number 1 spot x1
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Sep 15 - US 'locked and loaded' after Saudi attacks
 

 
US 'locked and loaded' after Saudi attacks as oil prices surge

Washington (AFP) - President Donald Trump said Sunday the US is "locked and loaded" to respond to attacks on Saudi oil infrastructure that Washington blamed on Iran, which have sent oil prices soaring.

It is the first time the president has hinted at a potential American military response to the drone attacks, which slashed Saudi oil production by half and led both the kingdom and the United States to announce they may tap their strategic reserves.

"Saudi Arabia oil supply was attacked. 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!" Trump tweeted.

The Tehran-backed Huthi rebels in Yemen, where a Saudi-led coalition is bogged down in a five-year war, claimed Saturday's strikes on two plants owned by state energy giant Aramco.

But US Secretary of State Mike Pompeo pointed the finger squarely at Tehran, saying there was no evidence the "unprecedented attack on the world's energy supply" was launched from Yemen.

"The United States will work with our partners and allies to ensure that energy markets remain well supplied and Iran is held accountable for its aggression," the top US diplomat said.

That drew an angry response from Tehran, where foreign ministry spokesman Abbas Mousavi said: "Such fruitless and blind accusations and remarks are incomprehensible and meaningless."

The remarks were designed to damage Iran's reputation and provide a pretext for "future actions" against the Islamic republic, he added.

Baghdad, caught between its two main allies -- Tehran and Washington -- also denied any link to the attacks amid media speculation that the drones were launched from Iraq.

Saudi de facto ruler Crown Prince Mohammed bin Salman has said the kingdom is "willing and able" to respond to this "terrorist aggression."

But a tit-for-tat strike on Iranian oil fields is "highly unlikely," Middle East expert James Dorsey told AFP.

"The Saudis do not want an open conflict with Iran. The Saudis would like others to f*ght that war, and the others are reluctant," said Dorsey, from the S. Rajaratnam School of International Studies in Singapore.

- 'Genie is out of the bottle' -

Oil prices soared by 10 percent in early Asia trading on Monday, while Saudi Arabia focused on restoring production at the plants.

Saturday's explosions set off fires that engulfed the Abqaiq plant, the world's largest oil processing facility, and nearby Khurais, which hosts a massive oil field.

Saudi's energy infrastructure has been hit by the Huthis many times before, but this strike was of a different order, abruptly halting 5.7 million barrels per day (bpd) or about six percent of the world's oil supply.

"The genie is out of the bottle," said Bill Farren-Price, director of the London-based RS Energy Group.

"It is now clear that Saudi and other Gulf oil facilities are vulnerable to this kind of attack, which means that the geopolitical risk premium for oil needs to rise."

No casualties were reported but the full extent of the damage was not clear.

Aramco also said it will dip into its reserves to offset the disruption. On Saturday, CEO Amin Nasser said that "work is underway" to restore production, but the incident could affect investor confidence ahead of Aramco's stock market debut.

A significant volume of oil production can be restored within days but the company would need weeks to reach full output again, Bloomberg News reported Sunday, citing unnamed sources.

Trump tweeted that he had "authorized the release of oil from the Strategic Petroleum Reserve, if needed, in a to-be-determined amount" that is "sufficient to keep the markets well-supplied."

The president also "informed all appropriate agencies to expedite approvals of the oil pipelines currently in the permitting process in Texas and various other States," without naming specific projects.

- Loggerheads -

Following a phone call between Trump and Prince Mohammed, the White House condemned the attacks on "infrastructure vital to the global economy."

Tehran and Washington have been at loggerheads since May last year, when Trump pulled the US out of a landmark 2015 deal with world powers that promised Iran relief from sanctions in return for curbs on its nuclear program.

Despite the US accusation, the White House said on Sunday Trump may still meet his Iranian counterpart Hassan Rouhani at the upcoming United Nations a*sembly.

Saudi Arabia has spent billions on military hardware but recent events have underscored the vulnerability of its infrastructure to attack.

The Huthis have staged repeated cross-border missile and drone attacks targeting Saudi air bases and other facilities in what they say is retaliation for the Riyadh-led bombing campaign on rebel-held areas in Yemen.

visit this link https://news.yahoo.com/sa .. 094616295.html
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28 comments
 

 1 month ago '19        #2
Witness102  topics gone triple plat - Number 1 spot x1
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Operation "Increase Oil Prices" successful!
+28   

 1 month ago '17        #3
Timberwolves  topics gone triple plat - Number 1 spot x1
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More crisis initiation
+2   

 1 month ago '04        #4
deziking  131 heat pts131
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get ready for gas price hike
+2   

 1 month ago '12        #5
Boo The Fool  13 heat pts13
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 deziking said
get ready for gas price hike
You late. Prices jumped 30 cent a week ago
+6   

 1 month ago '05        #6
old head  topics gone triple plat - Number 1 spot x4
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So fu*kn tired of this same ole sh*t

+15   

 1 month ago '19        #7
Bae  3 heat pts3
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Let me go fill my tank real quick
+6   

 1 month ago '13        #8
DiegoRivera  topics gone triple plat - Number 1 spot x1
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+1   

 1 month ago '13        #9
fit4thethrone  topics gone triple plat - Number 1 spot x2
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War coming soon my brothers because you can k*ll whoever you want over there but when you fu*k with that oil and it's affecting the US and the UK believe me heads will roll especially if we have to use our reserve
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 1 month ago '12        #10
mars15  79 heat pts79
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Houthis are basically cave n*ggas how the hell they have sophisticated drones that can go into Saudi Arabia’s heavily protected oil operations and blow it up
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 1 month ago '05        #11
bobbysteels18  topics gone triple plat - Number 1 spot x1 OP
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America needs to show leadership and and try to get Iran and Saudi Arabia to the negotiating table and find an end for the Yemen conflict I think this would be the best first move before letting a war break out.
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 1 month ago '18        #12
Signor  topics gone triple plat - Number 1 spot x1
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 bobbysteels18 said
America needs to show leadership and and try to get Iran and Saudi Arabia to the negotiating table and find an end for the Yemen conflict I think this would be the best first move before letting a war break out.
Its elections time is nearing they want it get it as close to being a war as it can get.
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 1 month ago '16        #13
broncofan1 
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They trying to bring oil prices up but they have to bring them back down because people are not using oil as much people are starting to get cleaner energy.

 1 month ago '05        #14
Stuart Scott  241 heat pts241
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 old head said
So fu*kn tired of this same ole sh*t

The agenda has never changed
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 1 month ago '18        #15
Txheat  47 heat pts47
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 bobbysteels18 said
America needs to show leadership and and try to get Iran and Saudi Arabia to the negotiating table and find an end for the Yemen conflict I think this would be the best first move before letting a war break out.
You realize this will never happen right? There’s always money behind war so as long as someone can profit from it the f*ght will continue.

 1 month ago '12        #16
daman729  27 heat pts27
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It's crazy how destabilized the "middle east" has become. They used to have order until the US started meddling over there. Wouldn't suprise me if the US instigated or actually carried out the "attack" themselves smh.
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 1 month ago '16        #17
BathWaterMelody  65 heat pts65
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 daman729 said
It's crazy how destabilized the "middle east" has become. They used to have order until the US started meddling over there. Wouldn't suprise me if the US instigated or actually carried out the "attack" themselves smh.
Saudi could've attacked their own people and just like that, they've weaponized the US allied support.


[spoiler - click to view]

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 4 weeks ago '04        #18
qutaboi225  topics gone triple plat - Number 1 spot x3
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Oil prices spike after attack on Saudi facilities hits global supply




 4 weeks ago '15        #19
naledgestate 
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Remind me where most of the terrorists who hijacked those planes on 9/11 were from?

They just recently chopped up a journalist and their official postion is that they still dont know what happened.

fu*k Saudi Arabia


Last edited by naledgestate; 09-16-2019 at 08:27 AM..

 4 weeks ago '10        #20
M2CEO  34 heat pts34
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more reason for us to move away from our dependence on natural oil and fossil fuels.

EV's are the future......

This bullsh*t attack and statement to generate more wealth for those in control of the oil industry.

 4 weeks ago '07        #21
Ham Rove  3541 heat pts3541
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Shot

Chaser




+5   

 4 weeks ago '15        #22
T rootz 
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Well I'm going to start looking into that $30,000 Tesla now think I may need it for a little while
+2   

 4 weeks ago '19        #23
Hungsolow 
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Time to buy a Tesla

+1   

 4 weeks ago '18        #24
RubbahBandMane  38 heat pts38
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 4 weeks ago '12        #25
daman729  27 heat pts27
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 BathWaterMelody said
Saudi could've attacked their own people and just like that, they've weaponized the US allied support.


[spoiler - click to view]

+3   



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