... have taken the opportunity to put additional pressure on their main adversary, Saudi Arabia. On September 14, with the help of drones and missiles, they delivered a strike against two large oil processing facilities in Saudi Arabia, which forced Riyadh ... ... than half – 5.7 million barrels per day fewer than the usual 9.8 million barrels.
Despite the wave of accusations against Iran following the strikes, there is reason to believe that the Houthis are capable of organizing such an attack all on their ...
... with Saddam Hussein’s invasion of Kuwait is not accidental; ever since 1990, there has been no sharper price jump and no greater physical damage to oil facilities. However, unlike the full-scale military operation back then, this operation involved drones carrying cruise missiles, which did not require the attackers to be physically present at the territory under attack. Repeat attacks and growing tensions between Saudi Arabia and Iran put a question mark over the future of Middle Eastern exports, of those 14–15 million barrels a day that pass through the Strait of Hormuz. The sudden desire of Saudi Arabia and the United Arab Emirate’s to join the U.S.-led International Maritime ...
