BREAKING: Trump says he has approved release from strategic petroleum reserve 'if needed' after attack on Saudi oil facilities.
DUBAI, United Arab Emirates — The Latest on the tensions in the Persian Gulf a day after Iran-backed Yemeni rebels attacked major oil sites in Saudi Arabia :President Donald Trump says he has approved the release of U.S. strategic petroleum reserves “if needed” to stabilize energy markets after a Saturday attack on Saudi Arabian energy facilities.
The Journal reports that Saudi officials say a third of crude output will be restored Monday. Officials said they would use other facilities and existing stocks to supplant the gap in production. The U.S. government is releasing satellite imagery showing what officials say are at least 19 points of impact at two Saudi energy facilities. The officials say the photos show impacts consistent with attack coming from the direction of Iran, rather than from Yemen.
Separately, KUNA said authorities would investigate reports of drones flying over Kuwait. It did not elaborate. A leader of Yemen’s Houthi rebels says they were able to “exploit vulnerabilities” in Saudi Arabia’s air defense system to stage the attack previous day on the kingdom’s vital oil installations.
Pompeo said on Saturday that “Iran has now launched an unprecedented attack on the world’s energy supply.”Lebanon’s Prime Minister Saad Hariri has condemned the drone attack on Saudi oil installations, describing it as an escalation that could widen conflicts in the region. He also says: “US & its clients are stuck in Yemen because of illusion that weapon superiority will lead to military victory.”
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