If you haven’t already heard, there was a drone attack against Saudi Arabia oil facilities which knocked out about 6% of the global crude supply.
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An attack on Saudi Arabia that shut five per cent of global crude output caused the biggest surge in oil prices in nearly three decades, after U.S. officials blamed Iran and President Donald Trump said Washington was “locked and loaded” to retaliate.
The attack cut Saudi output by 5.7 million barrels a day, or around half.
— CNBC (@CNBC) September 16, 2019