Blue and White leader Benny Gantz is taking steps to ensure that he will receive the first mandate from President Reuven Rivlin to form the next government in time for consultations with the president that start Sunday, sources in Blue and White said on Thursday night. Gantz already met earlier in the day with Democratic Union leader Nitzan Horowitz, and… Read more »
One of Saudi Arabia’s major oil facilities was attacked on September 14th by 18 drones and 7 missile strikes at approximately 17 impact points. The attack impacted not only Saudi Arabia, but also the international oil industry due to Saudi Arabia being the world’s 3rd largest oil producer. Houthis rebels, who have control of Yemen and are backed by Iran,… Read more »
NEW YORK (Reuters) – Oil prices retreated about 2% on Wednesday, extending the previous day’s declines after Saudi Arabia said it would quickly restore full production following last weekend’s attacks on its facilities and as U.S. crude stockpiles rose unexpectedly. A pump jack operates in the Permian Basin oil and natural gas production area near Odessa, Texas, U.S., February 10, 2019…. Read more »
Saudi Arabia said Wednesday that strikes on its petroleum infrastructure that suspended half of the kingdom’s oil production were “unquestionably” sponsored by Iran. US Secretary of State Mike Pompeo called the attack an “act of war”. Saudi Arabia said Wednesday that strikes on its oil infrastructure were “unquestionably” sponsored by Iran, adding that the strikes originated from the north but… Read more »
JEDDAH/DUBAI (Reuters) – U.S. President Donald Trump ordered a major increase in sanctions on Iran on Wednesday as Saudi Arabia displayed remnants of drones and missiles it said were used in a crippling attack “unquestionably sponsored” by Tehran. Remains of the missiles which were used to attack an Aramco oil facility, are displayed during a news conference in Riyadh, Saudi Arabia… Read more »