Attack on Saudi Arabia an ‘Act of War’

Attack on Saudi Arabia an ‘Act of War’

$OIL

The US wants to build a coalition of European and Arab partners to deter Iran after an attack on Saudi Arabia that Secretary of State Mike Pompeo described on Wednesday as “an act of war” against the world’s Top Crude Oil exporter.

“This is an attack of a scale we’ve just not seen before,” Secretaty Pompeo told reporters traveling with him before landing in the Saudi city of Jeddah for talks with Crown Prince Mohammed bin Salman. “The Saudis were the nation that were attacked. It was on their soil. It was an act of war against them directly.”

He said drone and cruise missile strikes on 2 Saudi Crude Oil production installations Saturday had not come from Yemen’s Iran-aligned Houthi group, which has claimed responsibility.

Riyadh has said Iranian weapons were used and it is investigating the launch point. Iran has denied any involvement in the assault that initially halved Saudi Arabia’s petroleum production.

Secretary Pompeo said flight patterns suggested the attack did not come from the South, which is the direction of Yemen, and that the US intelligence community has “high confidence” the weapons used were not in the Houthis’ arsenal.

Were that true, it’s not, but were that true, it doesn’t change the fingerprints of the Ayatollah as having put at risk the global energy supply,” he said, referring to Iran’s Supreme Leader Ayatollah Ali Khamenei.

We also know that these are systems that the Iranians have not deployed anyplace else, that they have not deployed outside of the country, to the best of our knowledge,” he added. “We’ve seen no evidence that it’s come from Iraq. It could well have traveled over Kuwait, we’ve not seen that either.

Reuters reported Tuesday that the United States believes the attacks originated in southwestern Iran, according to US officials

Stay tuned…

The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.

Latest posts by HEFFX Australia (see all)