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Oct 29, 2021 · Morocco annexed Western Sahara, a former Spanish colony believed to have considerable offshore oil deposits and mineral resources, in 1975, sparking a conflict with the Polisario Front. The U.N. brokered the 1991 cease-fire and established a peacekeeping mission to monitor the truce and help prepare a referendum on the territory’s future that ...
- What Happened on Saturday morning?
- Who Was Responsible?
- Why Is This Attack Such A Big Deal?
- How Are The Regional Actors Aligned?
- What Has Been The Impact on Oil Prices?
- What Could Happen Next?
Saudi pipelines, oil installations and tankers have occasionally been attacked over the past two years, but analysts say what happened in eastern Saudi Arabiain the early hours of Saturday morning is a much larger escalation: a hit to the jugular of the kingdom’s oil industry. At 3.31am and 3.42am on Saturday, loud explosions erupted at Khurais oil...
The Houthis, the Iran-aligned rebel army that has been fighting a Saudi-led military coalition in neighbouring Yemenfor the past four years, claimed responsibility for the attack. The Houthis recently acquired much more powerful drone technology that has given them the power to strike targets up to 1,500km away, according to the UN.Abqaiq is within...
Abqaiq is the world’s largest oil processing facility, where about two-thirds of the total Saudi supply is refined and cleaned of impurities such as sulphur and sand. “This is the heart of Saudi Arabia’s oil infrastructure,” said Homayoun Falakshahi, an oil and gas equity analyst at Kpler, a Paris-based energy data firm. A facility of such importan...
The Houthis are regarded as part of a network of militias in the Middle East who are sponsored or assisted in some way by Tehran, part of a broader fight to dominate the Middle East between Iran and Saudi Arabia that dates back to the Iranian revolution of 1979. The pair do not directly clash; the battle is playing out through proxy actors in Syria...
News of the attacks jolted the financial markets, sending the oil price soaring. The price of a barrel of Brent crude surged by 20% early on Monday to nearly $72 (£58, up from $60 per barrel). That’s a huge jump – the biggest move since the contract was created in the 1980s. It then dropped back to about $66 per barrel after Donald Trump pledged to...
Trump says his government is “locked and loaded”and ready to respond to whoever carried out Saturday’s attack, hinting strongly that the US may see it as justification for a military strike on Iran. Yet any such attack would carry a significant risk of escalation – a chance that Trump has previously been unwilling to take. In the short term, the st...
Dec 11, 2021 · ‘Gushing oil and roaring fires’: 30 years on Kuwait is still scarred by catastrophic pollution. Oilwells set alight by Iraqi forces in 1991 were put out within months, but insidious pollution...
People also ask
Where did smoke billow from oil storage facility in Saudi Arabia?
Did Houthi attack Aramco oil storage facility in Jeddah?
What happened to Saudi oil?
What happened in Iraq?
Mar 8, 2023 · As the Marine's M60 Patton tanks engaged the Iraqis, daring Marine aviators came in low under the smoke to blast Iraqi tanks with Hellfire missiles. In three and a half hours of hard fighting, the Marines drove off the Iraqis while destroying 75 armored vehicles.
Mar 25, 2022 · Smoke was seen rising after a Houthi-claimed attack on an Aramco oil storage facility in Jeddah, a senior official in Saudi Arabia said Friday, as Formula 1 fans headed to the country’s...
Feb 24, 2021 · News reports showed fleets of allied tanks roaring across the desert like a stampede of buffalo, routing Iraq’s Russian-made tanks, blasting them into plumes of fire and smoke.
May 10, 2020 · Two cruisers, the Nigeria and Cairo, an oil tanker and another cargo ship were all hit. The Nigeria was listing heavily and we feared she was going to turn turtle. The Cairo was rapidly sinking by ...
