Pres. Trump tweets that the U.S. is 'locked and loaded' for response after attacks on Saudi Arabia.
A weekend drone attack on Saudi Arabia that cut into global energy supplies and halved the kingdom's oil production threatened Sunday to fuel a regional crisis, as the U.S. released new evidence to back up its allegation that Iran was responsible for the assault amid heightened tensions over Tehran's collapsing nuclear deal.
Iran, meanwhile, called the U.S. claims"maximum lies," while a commander in its paramilitary Revolutionary Guard reiterated its forces could strike U.S. military bases across the Mideast with their arsenal of ballistic missiles. The attacks and recriminations are increasing already heightened fears of an escalation in the region, after a prominent U.S. senator suggested striking Iranian oil refineries in response to the assault, and Iran warned of the potential of more violence.
Crude oil futures shot up 9.5% to $60 as trading opened Sunday evening in New York, a dramatic increase. A spike in oil prices could have negative effects for the global economy. The state-run oil giant Saudi Aramco, which the kingdom hopes to offer a sliver of in a public stock offering, did not respond to a request for comment.
U.S. officials previously alleged at least one recent drone attack on Saudi Arabia came from Iraq, where Iran backs Shiite militias. Those militias in recent weeks have been targeted themselves by mysterious airstrikes, with at least one believed to have been carried out by Israel. Houthi leader Muhammad al-Bukhaiti reiterated his group's claim of responsibility, telling The Associated Press on Sunday it exploited"vulnerabilities" in Saudi air defenses to strike the targets. He did not elaborate.
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