Attacks on Saudi Arabian oil facilities have sharpened the focus on substantial oil stores hidden away in tanks and salt mines in governmental emergency stockpiles in the U.S., China, Japan, Germany and France
Attacks on Saudi Arabian oil facilities have sharpened the focus on the world’s ability to absorb massive shocks to its energy supplies and raised pressing questions about emergency stockpiles around the globe.
Some 5% of the world’s global oil supplies were knocked out in the Sept. 14 strikes. Saudi Arabia has said half of that production has been restored, and has dipped into its own reserves to satisfy customers. The Wall Street Journal reported Thursday that Saudi Arabia has also reached out to foreign producers including...
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