Tag Archives: Attack

Iran’s Oil Minister Bijan Namdar Zangeneh condemned Washington’s unilateral and unlawful interventions against Tehran and Caracas’ crude supply. and urged the world not to let the energy market be politicized.

The Commander of U.S. Naval Forces Central Command. Vice Admiral Jim Malloy. met with the commander of the Royal Saudi Naval Forces (RSNF) after the attacks on vital Saudi oil infrastructure.

World'.s top oil exporter Saudi Arabia has restored capacity to 11.3 million barrels per day.

The current strength in rates has been triggered by geopolitics.

Rising global oil prices are a major concern for India. the world’s third biggest oil importer.

The attacks halved the crude output of the world'.s top oil exporter. by shutting down 5.7 million barrels per day.

The unprecedented attack knocked out more than half of Saudi crude output. or five percent of global supply.

Iranian oil minister Bijan Zanganeh warned against the use of oil as a weapon. calling for its free trade in international markets.

Energy Minister Prince Abdulaziz bin Salman announced production would be back online to normal levels by the end of the month.

The attacks early on Saturday morning knocked 5% off the world’s total oil supply.