The Oil Is Damaged (Revelation 6:6)

Saudi attacks send oil prices soaring

By Sheena McKenzie, Meg Wagner, Mike Hayes and Veronica Rocha, CNN

Updated 4:56 PM ET, Mon September 16, 2019

What to know about the Saudi oil attack

Weekend attacks: Coordinated strikes on key Saudi Arabian oil facilities knocked out half of the country’s oil capacity — more than 5 million barrels a day. On Monday, US oil prices spiked.

▪ Who’s behind this? Yemen’s Houthi rebels said they’re responsible for the attacks, but a spokesperson for the Saudi-led coalition in Yemen said that Iranian weapons were used in the oil field attack. The spokesperson also said the strikes were not launched from Yemen, despite claims of responsibility by Houthi rebels.

▪ Where the US stands: President Trump said it looks like Iran was behind the attack but suggested it was too early to say for sure. Trump also insisted that he does not want war with Iran.

5:54 p.m. ET, September 16, 2019

Pakistan’s prime minister expresses support in call with Saudi crown prince

Pakistani Prime Minister Imran Khan

Saudi Crown Prince Mohammed bin Salman received a phone call from Pakistani Prime Minister Imran Khan on Monday who expressed Pakistan’s “support” with the Kingdom, state-media Saudi Press Agency (SPA) reported.

According to SPA, Khan said Pakistan stands with the Kingdom “in confronting these sabotage acts, which threaten the global economy and the Kingdom’s security.”

5:29 p.m. ET, September 16, 2019

Trump says Saudi oil attack “won’t affect us and ultimately I don’t think it will affect the world either”

President Trump on Monday downplayed the dangers of the attack on Saudi Arabian oil facilities wreaking havoc in international oil markets.

He said the US is well positioned because of both the strategic petroleum reserve and US energy output.

“Well we have the strategic, if you look at what we have we have tremendous amounts of oil in our country. We’re independent of everybody now. We have more than anybody else. We’re the number one energy producer in the world, which took place very recently and we will soon be substantially more than anybody else. So it won’t affect us and ultimately I don’t think it will affect the world either — but it won’t affect the United States,” Trump said.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s