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Iran loses last innocence papers from Aramco attack


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Israel bombs Iraqi armed factions on the border with Syria with 5 air strikes

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 Monday 09 September 2019

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Baghdad - Writings

Israel has claimed responsibility for shelling Iraqi armed factions with five air strikes on the border with Syria in the Syrian Albukamal area.

Earlier in the day, a former Israeli army official, Babak Taghafi, tweeted that his country's military aircraft carried out an air strike on a unit of the Popular Mobilization near the Albukamal area on the Iraqi-Syrian border. The first video of the air strike on the site.

This called for an Iraqi security source to declare the postponement of opening the border post between Iraq and Syria.

According to Western media, the aerial bombardment of Iraqi armed factions inside the Albukamal area took place on Monday night, September 9, 2019, which could delay the opening of Al-Qaim Al-Kamal crossing, which was scheduled to open today or tomorrow until further notice.

According to the source, the five air strikes, which were carried out within five minutes, resulted in deaths and injuries among the Iraqi armed factions, which was not specified by the security source, but Iraqi sources said that the dead were at least 20 dead and about 40 wounded.

However, media reports said that the border between Iraq and Syria is witnessing the deployment of the Iraqi Hizballah Brigades, the Nujaba Movement, the Fatimion and Zeinabion factions, as well as the Lebanese Hizbullah elements.

https://kitabat.com/news/إسرائيل-تقصف-فصائل-مسلحة-عراقية-على-ال/

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  • yota691 changed the title to New details of bombing of Hashd positions near the Syrian border

New details of bombing of Hashd positions near the Syrian border

Political | 10:38 - 10/09/2019

 
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BAGHDAD -
Local sources revealed on Tuesday new details of the strike that targeted crowd positions in the Albukamal area of Syria yesterday.

Local sources said that "four raids targeted the" Imam Ali complex "of factions in the crowd Alshali near the industrial zone in Albukamal, and destroyed it completely."
She explained, "The shelling, which targeted several sites in the vicinity of the city, resulted in the outbreak of fires and explosions believed to be caused by the injury of armories and ammunition."
The sources pointed out, "The shelling caused a number of dead and wounded in the ranks of those forces, with the arrival of ambulances to the targeted areas."

She stressed that "the bombing targeted the military base built by Iran on the Syrian-Iraqi border, which was called" the compound of Imam Ali, "and several sites of the battalions of" Hezbollah "Iraqi, and"
The Syrian Observatory for Human Rights confirmed that the airstrikes targeted sites, mechanisms and ammunition and weapons depots in Albukamal and its environs, citing the deaths of at least 18 fighters, distributed between Iranians and members of Iraqi factions.
The Observatory said that "unidentified aircraft targeted the positions of the Iranians in each of: Imam Ali Center, Green Belt area, industrial zone, in the village of Abbas near the city of Albukamal, the border crossing with Iraq, and other sites in the Albukamal area of the countryside of Deir Ezzor."
Israel has not claimed responsibility for these raids, knowing that it has vowed to prevent Iran from establishing a military presence in Syria.

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Lebanese newspaper: Israel carried out attacks in Iraq from US bases

Political | 11:22 - 10/09/2019

 
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BAGHDAD (Reuters) - 
The latest Israeli strikes near the border with Iraq bore the primary goal of cutting off the Baghdad-Damascus road, a Lebanese newspaper said on Tuesday, while stating that Iraq could not remain neutral.
"The postponement of the opening of the existing crossing point between Syria and Iraq, which was scheduled this week, due to raids carried out by Israeli marches against the positions of Iraqi groups in the Syrian area of Albukamal, means that these It was no secret that cutting the Damascus-Baghdad-Tehran highway and Iran's highway to the Mediterranean, according to Washington and Tel Aviv, were among the top US-Israeli priorities in Syria.
"Supporters of the US forces staying in Syria after Trump announced that they have accomplished their main mission, to help defeat ISIS, justified their position by stressing the importance of confronting what they see as Iran's growing influence in this country, which extends overland through Iraq, of which al-Qaim is one of its gates," she said. .
She explained that "the border between Syria and Iraq, of course, allows the presence of many other crossing points, but to reopen the existing significant symbolic - political, because it shows the success of the parties of the axis of resistance in the renewal of geographical communication among them, in the context of escalating confrontation with the United States and Israel, which are straining To prevent this. "
The newspaper pointed out that "in light of these data, the expansion of the Israeli aggression, which included Iraq in recent weeks, has a different meaning from that which has been used in many analyzes, the raids, according to those analyzes, embarrassed Washington to some of its Iraqi allies, who in turn became The same readings also saw that Israeli attacks could endanger the lives and interests of US soldiers in Iraq, because the PMU, one of its most important commanders, Abu Mahdi al-Mohandes, accused them of being responsible.
She continued: "What became clear after the decision to postpone the opening of the Al-Qaim crossing, that we are in the full sense of the division of American-Israeli roles, the United States is using the Israeli big stick to achieve its current goals, which are exactly identical to those of Israel, directly related to their conflict with Iran and the axis of resistance. The first is to cut as much geographical communication as possible between the parties to this axis, without directly taking responsibility for it.
She pointed out that "Israel is carrying out dirty tasks, as Stephen Cook said in an article published on the site« Foreign Policy », and the United States ensures the completion of its results by escalating its political pressure on some of the Iraqi leaders in force, closest to them or those eager to observe and not to clash with them, "Despite the historical ties it has with Iran."
She added that "other details reinforce the validity of the reading, which considers that we are facing the division of American-Israeli roles, are those of the bases from which the marches that targeted sites in Iraq and Syria recently."
"Some of these operations were carried out by women marching from US bases in eastern Euphrates. These bases are under full US control, and no party has the ability to identify the drones or non-drones that land or depart from them."
The Lebanese newspaper pointed out that "the leakage of information and its spread about the recent operations, that is, the US use of its bases in the areas under its control, will have consequences for the latter, because it became directly involved by allowing it and not objecting to it, the confrontation in the region between the axis of resistance and the American coalition - It will not be able to follow the policy of seeking to satisfy the parties, which is the case of some Iraqi leaders, to continue in it. "

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Two accounts of the new bombing of the Hashd weapon depot in Anbar

Political | 01:02 - 10/09/2019

 
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BAGHDAD -
A bomb exploded inside a weapons depot in the Mamoura area south of Hit district on Tuesday morning, destroying the majority of its contents, with varying material damage in houses of citizens in nearby villages due to mortar shells, a senior Iraqi official said in western Anbar province. And fragments of rocket-propelled grenades from the warehouse on their roofs.
He explained that the bombing is still under investigation so far, and it is early to speed up the consideration of external action, in reference to the premise of targeting "Israeli" him.

This comes one day after bombings in a camp of the Popular Mobilization inside Syrian territory in the Albukamal border region with Iraq, which caused the death of six people and wounded 18 others.
Leaks from the city of Hit indicate that the weapons depot is located in the former headquarters of the "Hashd" tribal forces, a mixture of fighters of the tribes Albu Nimr and slaves, but it was finally converted to the headquarters of other factions within the "Popular Mobilization" and was considered a restricted area Residents did not return to the area surrounding the bombed headquarters, which explains why there were no casualties among residents as a result of shrapnel flying from the explosive depot.

According to the accounts so far, the warehouse has been subjected to external targeting, and statements were recorded to the elements of a night police patrol that they spotted a drone in the air, the same narrator that bloggers from Hit spoke on social networking sites at the time of the bombing.

On the other hand, a second version of the Civil Defense confirms so far that the bombing took place around 12:00 pm, without indicating its cause, while the head of the Hit Council, Muhannad Mohammed, said that "the warehouse was subjected to a fire resulting from an electrical shortage or a certain fault. "The fire had spiraled out of control and the weapons and missiles stored inside it exploded," he said.
He confirmed that "the incident did not cause any casualties, and the security forces imposed a curfew in the town to reserve at the time."
Also, the deployment of army and armed factions within the Popular Mobilization in the area is still wide, amid curfews or passage from the perimeter of the area, officials cited it as a matter of public safety and for fear of unexploded shells or cartridges in the area.

The bombing comes at a time when the Iraqi faction began to intensify its presence on the border strip linked to Syria, and patrols in this axis, which is located west of Anbar province, after a crowd position in the Albukamal area of Syria, causing many deaths from members of the Popular Mobilization.
Ahmed al-Dulaimi, an Iraqi security expert in the Anbar province, said that the bombing is similar in style and time (with previous bombings), but it is too early to talk about its type or cause, or to charge (for a specific point), especially since the conversation is conflicting about who owns the store. Is it really for the clans as announced, or is it for one of the PMU factions?
"It is unlikely that the government or security forces will officially declare the new bombing before the arrival of the civil defense report that is currently at the scene," Dulaimi said.

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2019/09/10 12:14:15 PM255

Newspaper: Israeli aircraft launched from US bases in Syria to bomb the crowd

Newspaper: Israeli aircraft launched from US bases in Syria to bomb the crowd

 

Baghdad / Al-Ghad Press:

The Lebanese daily Al-Akhbar reported on Tuesday that drones targeting the headquarters of the Popular Mobilization Brigade (Hashd al-Shaabi) were launched from US bases east of the Euphrates in Syria.

 

 

"Cross-sectional information reveals that some of the operations against the Hashd were carried out by drones from US bases in the east of the Euphrates," the newspaper quoted sources as saying in a report.

"These bases are under full US control, and no one has the ability to know the identity of drones or non-drones on which they land or depart."

"The leakage and spread of information about recent operations, that is, the use of US bases in the SDF-controlled areas, will have consequences for the latter, because they have become directly involved by allowing it and not objecting to it."

She pointed out that "the confrontation in the region between the axis of resistance and the US-Israeli alliance to intensify, and will not be able to follow the policy of seeking to satisfy the parties, which is the case of some Iraqi leaders, to continue."

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Release date:: 2019/10/10 11:02 • 695 times read
Parliamentary Security: America informed Iraq of the party responsible for bombing the crowd .. And reveal the number of strikes
A member of the parliamentary security and defense committee revealed that the United States has revealed to the Iraqi government responsible for the bombing of stores and sites of the Popular Mobilization.
Abdel-Khaleq al-Azzawi said in a press statement that "the government committees on the investigation into the causes of the explosions in the crowd has ended its work and concluded that the number of strikes amounted to 12 strikes, and it was found that they came with drones and some strikes by Israeli aircraft."
He added, "The US side responsible for the protection and control of Iraqi airspace informed the Iraqi side that the strikes were directed by Israeli warplanes."
Al-Azzawi pointed out that "the number of strikes against the Hashd forces or security services amounted to 12 strikes, some of which were announced and others were covered up."
He asked a member of the Parliamentary Security and Defense Committee, "Prime Minister and Commander-in-Chief of the Armed Forces, the need to inform the Iraqi parliament and the people on the Iraqi-American agreement, including points relating to the protection of Iraqi airspace," wondering where the money allocated to the security services and is now unable to detect drones that penetrate the airspace of the country? !".is over
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Parliamentary security reveals the end of investigations on Israeli attacks on the crowd

10:56 - 10/09/2019
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Information / Baghdad ..

A member of the Parliamentary Security and Defense Committee, Abdul Khaliq Al-Azzawi, revealed on Tuesday that government committees have completed their work on investigating the causes of the explosions in the Popular Mobilization Stacks , where they concluded that the number of strikes reached 12 and found that they came with drones and some strikes by Israeli planes.

Al-Azzawi said in a radio statement followed by (information), that "the American side responsible for the protection and control of Iraqi airspace informed the Iraqi side that the strikes were directed by Israeli planes marching," indicating that "the number of strikes against the crowd forces or security services reached twelve strikes, some of them It was announced and others were covered up. ”

Al-Azzawi called on the Prime Minister and Commander-in-Chief of the Armed Forces to "inform the Iraqi parliament and people of the Iraqi-American agreement, including the points relating to the protection of Iraqi airspace."

Al-Azzawi wondered, "Where are the funds allocated to the security services and today are unable to detect drones that penetrate the airspace of the country?" Done / 25

https://www.almaalomah.com/2019/09/10/428110/

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Date: 2019/10/14 14:29 • 81 times read
Video .. Coalition Aviation addresses 37 goals in Salah al-Din

(Salah al-Din: Euphrates News) The security media cell, on Tuesday, the security forces address 37 targets in the province of Salah al-Din with the support of international coalition aircraft.


A statement issued by the cell received (Euphrates News), that "with the aim of pursuing the defeated terrorist elements, and during a qualitative operation in the area between Kanaws upper and lower Naaws Salah al-Din province, the anti-terrorist forces launched a search and clearance of this area and cross the Tigris River towards the targets in Hegel region. "
"The operation, with the support of the coalition's international aircraft after suffering severe blows, dealt with 37 targets," he said.
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Parliamentary Defense: Washington informed Baghdad that Israeli aircraft targeted crowd positions

Political | 03:33 - 10/09/2019

 
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BAGHDAD -
A member of the parliamentary security and defense committee Abdul Khaliq al-Azzawi, on Tuesday, that the US side informed Iraq that Israeli drones raided positions of the Popular Mobilization.
Al-Azzawi said, according to the Russian agency Sputnik, that "a section of the committees charged by the government to investigate the explosions at the crowd sites ended its work, and the other committees are continuing investigations."
He added, "The results of the committees that ended their work matched what was previously announced that what happened is an aerial bombardment through enemy aviation."
He pointed out, "The US side informed Iraq that the targeting of the crowd sites in the first and second times was through Israeli drones."
He continued: "We hold the American side responsible, they have bases in Iraq and they are responsible for the protection and control of Iraqi airspace, and without their consent, Israel would not strike these sites."

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2019/09/11 09:22
  • The number of readings 55
  • Section: Iraq
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  •  

Deputy: US informed Baghdad that Israel was involved in raids targeting the Popular Mobilization

BAGHDAD, Sept 11 (KUNA) - A member of the parliamentary security and defense committee, MP Abdul Khaliq Al-Azzawi, said on Wednesday that Washington had informed the Iraqi government that Israel was involved in several raids that targeted a crowd headquarters.

Abdel-Khalek said in a press statement followed by the obelisk, "The government committees on the investigation into the causes of the explosions in the Akdas" stores and sites "popular mobilization ended its work." 

He added that the committee concluded that "the number of strikes amounted to 12 strikes, and it turned out that they came by drones." 

He explained that "the US side responsible for the protection and control of Iraqi airspace informed the Iraqi side, that the strikes were directed by Israeli planes marching." 

He pointed out that some of the strikes "were announced and others were kept secret." 

In recent weeks, five bases used by the Popular Mobilization have been subjected to mysterious bombings, the latest of which two drones launched two weeks ago to attack one of the "crowd" brigades, near the Iraqi-Syrian border. 

Follow the obelisk

http://almasalah.com/ar/news/178125/نائب-امريكا-أبلغت-بغداد-بأن-إسرائيل-متورطة-بغارات-استهدفت-الحشد-الشعبي

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Foreign Ministry: Iraq is gathering evidence to condemn Israel and submit it to the Security Council

13:09 - 11/09/2019
 
  
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Information / Baghdad

The Committee on Foreign Relations parliamentary, on Wednesday, the reasons for Iraq's delay in filing a complaint against the Zionist entity after the recognition of the bombing of the Popular Mobilization , indicating that Iraq is in the process of collecting evidence of Israel's condemnation and submitted to the Security Council.

A member of the Committee Amer Al-Fayez said in a statement to the information that the government is awaiting the submission of the investigative committee to reveal the Zionist attacks against the Popular Mobilization to provide the necessary evidence in the Security Council.

Al-Fayez said that "Israel's recognition of the bombing of the Popular Mobilization sites in cooperation with the United States is definitive evidence, but it needs government data that are identical to the investigation committee."

He pointed out that "the House of Representatives intends to host Prime Minister Adel Abdul Mahdi to find out a lot of issues, including the US military presence and the Zionist bombing and relations with neighboring countries, services and other files."

https://www.almaalomah.com/2019/09/11/428302/

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Wednesday, 11 September 2019 02:31 PM

 

Parliamentary Security: Iraq was subjected to "12" shelling by Israeli drones

images (10)

 

 

The parliamentary security and defense committee accused the investigative committees of delaying the investigation of the Israeli bombing and announcing its results. A member of the Security Committee Abdul Khaliq al-Azzawi in a press statement: "The Security and Defense Committee so far waiting to complete the work of investigative committees, and the government announced the results of investigations." Al-Azzawi said: "The information indicates that Iraq was subjected to 12 times the Israeli shelling by drones, to sites belonging to the crowd, civilians and security forces."
Edited by Butifldrm
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Saudi Arabia oil facilities ablaze after drone strikes

  • 1 hour ago

Footage showed flames and huge palls of smoke over Abqaiq, site of Aramco's largest oil processing plant.

A second drone attack also started fires in the Khurais oilfield to the west. The fires are now under control at both facilities, state media said.

Iran-aligned Houthi fighters in Yemen have been blamed for previous attacks.

However, the Saudi media reports did not say who could be behind the latest attacks.

"At 04:00 (0100 GMT), the industrial security teams of Aramco started dealing with fires at two of its facilities in Abqaiq and Khurais as a result of... drones," the official Saudi Press Agency reported.

"The two fires have been controlled."

Map

Abqaiq is about 60km (37 miles) south-west of Dhahran in Saudi Arabia's Eastern Province, while Khurais, some 200km further south-west, has the country's second largest oilfield.

Saudi security forces foiled an attempt by al-Qaeda to attack the Abqaiq facility with suicide bombers in 2006.

Who could be behind the attacks?

Houthi fighters were blamed for drone attacks on the Shaybah natural gas liquefaction facility last month and on other oil facilities in May.

The Iran-aligned rebel movement is fighting the Yemeni government and a Saudi-led coalition.

Yemen has been at war since 2015, when President Abdrabbuh Mansour Hadi was forced to flee the capital Sanaa by the Houthis. Saudi Arabia backs President Hadi, and has led a coalition of regional countries against the rebels.

The coalition launches air strikes almost every day, while the Houthis often fire missiles into Saudi Arabia.

However, there are other sources of tension in the region, often stemming from the rivalry between Saudi Arabia and Iran.

Saudi Arabia and the US both blamed Iran for attacks in the Gulf on two oil tankers in June and July, allegations Tehran denied.

In May, four tankers, two of them Saudi-flagged, were damaged by explosions within the UAE's territorial waters in the Gulf of Oman.

Saudi Arabia and then US National Security Adviser John Bolton blamed Iran. Tehran said the accusations were "ridiculous".

Tension in the vital shipping lanes worsened when Iran shot down a US surveillance drone over the Strait of Hormuz in June, leading a month later to the Pentagon announcing the deployment of US troops to Saudi Arabia.

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  • yota691 changed the title to Source: Two unidentified aircraft participated in the attack on Saudi Arabia from Iraqi airspace
2019/09/14 01:21:24 PM 887

Source: Two unidentified aircraft participated in the attack on Saudi Arabia from Iraqi airspace

Source: Two unidentified aircraft participated in the attack on Saudi Arabia from Iraqi airspace

 

Baghdad / Al-Ghad Press:

DUBAI (Reuters) - An attack by drones on Saudi Aramco involving unidentified planes was launched from Iraqi airspace, a senior source said on Saturday.

 

 

The source told "Tomorrow Press," that "ten drones launched an attack at dawn today on a site in Saudi Arabia, eight of which were launched from Yemen, and two aircraft from Iraqi airspace, but they are unknown and it is not known who fired it."

The source, who asked not to be named, said the attack was "in response to the repeated attacks on security positions of the Hashd during the past period."

This comes in conjunction with the hosting of the Parliamentary Security and Defense Committee on Saturday morning, the President of the Popular Mobilization Authority and National Security Adviser Faleh Fayyad, to discuss the recent security breaches and targeting the headquarters of the Popular Mobilization aircraft.

Earlier on Saturday, the Saudi Interior Ministry announced that drones launched an attack on two Aramco oil plants in the Eastern Province, which led to the outbreak of fire.

Later, the Ansar Allah group (Houthis) claimed responsibility for the attack, indicating that 10 drones bombed two refineries in the Saudi company.

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Release date:: 9/14/2019 17:07 • 40 read times
After the attack on "Aramco" .. Saudi oil supplies are disrupted
Saudi Arabia's oil production and exports have been hit after two Aramco plants were attacked by drones early on Saturday, sources said on Saturday.
 
The unnamed sources confirmed that the attack "affected the production of 5 million barrels of oil per day," equivalent to half of the Kingdom's current production.
Saudi authorities earlier denied the attack had any impact on the kingdom's oil supplies.
Aramco, the world's largest oil company, recently announced that it made a profit of $ 46.9 billion in the first half of this year.
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1 hour ago, yota691 said:

The unnamed sources confirmed that the attack "affected the production of 5 million barrels of oil per day," equivalent to half of the Kingdom's current production.

 

THIS will NOT bode well at ALL for the Insanians to INCLUDE the Insanian IRGC.

 

5 million barrels a day is 250 MILLION USD PER DAY AT $50/barrell!!!

 

QUICK ACTION NOW!!!

 

The Nauti Arabians, Israelis, AND Coalition forces NOW KNOW AN IMMINENT ECONOMIC THREAT IS UNDER WAY!!!

 

!!!BOOM!!!

 

!!!SUDDENLY!!!

 

Buh Bye Insanians to INCLUDE the Insanian IRGC!!!

 

:wave:   :wave:   :wave:   :wave:   :wave:   :wave:   :wave:

 

Overall, THIS will bode well for us and cause EVEN MORE financial clamps to be put on Iran TO INCLUDE the pilfering in Iraq AND SPEED THINGS UP!!!

 

TIMEZ UP!!!

 

Go Moola Nova!

:pirateship:

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Oil To Hit $100? Half Of Saudi Oil Output Shut After Drone Strikes Cripple World's Largest Oil Processing Facility

 

Update: The WSJ is out with an update hinting at just how much the price of oil is set to soar when trading reopens late on Sunday after the Saudi Houthi false-flag drone attack on the largest Saudi oil processing plant:

Saudi Arabia is shutting down about half of its oil output after apparently coordinated drone strikes hit Saudi production facilities, people familiar with the matter said, in what Yemen’s Houthi rebels described as one of their largest-ever attacks inside the kingdom.

The production shutdown amounts to a loss of about five million barrels a day, the people said, roughly 5% of the world’s daily production of crude oil. The kingdom produces 9.8 million barrels a day.

And while Aramco is assuring it can restore output quickly, in case it can't the world is looking at a production shortfall of as much as 150MM barrels monthly, which - all else equal - could send oil soaring into the triple digits. Just what the Aramco IPO ordered.

 

Supply loss from KSA may be as high as 150 MM barrels/month. Oil may hit $100.

 
 
OPEC's Barkindo on Saudi Energy Output, U.S

What appears to be the most devastating Yemen Houthi rebel attack on Saudi Arabia to date, took place overnight on the world's largest oil processing facility as stunning videos emerged of massive explosions rocking the major Aramco Buqyaq facility.

 

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Fires burned into the morning daylight hours, with explosions also reported at the Khurais oil field, in what the Houthis said was a successful attack involving ten drones. "These attacks are our right, and we warn the Saudis that our targets will keep expanding," a rebel military spokesman said on Houthi-operated Al Masirah TV.

satelite%20photos.jpg Satellite images shows extent of fires following the attacks in eastern Saudi Arabia: NASA Worldview/AP

Saudi authorities — initially slow or reluctant to identify the cause of the major blaze  on Saturday issued a confirmation via the Saudi Press Agency: "At 4.00am (01:00 GMT) the industrial security teams of Aramco started dealing with fires at two of its facilities in Abqaiq and Khurais as a result of... drones," an interior ministry statement said, which further claimed the fires were "under control".

 

#Buqayq city view as #Aramco facilities burn. Very likely to be an attack of some sort as gunshots are also heard. #SaudiArabia #Saudi #arabtwitter

 
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However, the Saudis have stopped short of acknowledging the Houthis were behind the attack, which Riyadh is also likely to blame on Iran, which has lately promised that if it can't export its oil then "no one will". 

It remains unclear according to early statements whether there were injuries or casualties in the twin oil facility attacks.

 

In some of the video captured by onlookers outside the Buqayq facility, gunfire in or around the complex was apparent. 

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A second video filmed from the same parking lot shows another large explosion.

Both videos are filmed from across the street from the Aramco compound and are facing South/South-East

h/t @MeKassab

 
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The impact on global oil markets - closed for the weekend - could be significant given the Khurais field produces about 1% of all the world's oil (estimated at over 1M bpd and reserves of over 20BN bpd) and more importantly Abqaiq, which based on the stunning local footage bore the brunt of the drone attacks, remains the most crucial of the kingdom's processing plants.

Located 37 miles southwest of Aramco’s Dhahran headquarters, it controls all the flows from fields like the giant Ghawar field to coastal export terminals like Ras Tanura. Saudi Aramco describes the Buqyaq facility as "the largest crude oil stabilization plant in the world." 

 

The world's largest oil processing facility has been hit in a drone attack.

Yemen's Houthi rebels have said they were behind the strikes on Saudi Arabia's Abqaiq plant. Read the full story here: http://po.st/cbHfo4 

Meanwhile, the United States was quick to "strongly condemn" the attack amid already soaring tensions in the gulf after a summer of "tanker wars" and Iranian threats of walking away altogether from the 2015 nuclear deal (JCPOA).

The U.S. envoy to Saudi Arabia issued a statement saying, “The U.S. strongly condemns today’s drone attacks against oil facilities in Abqaiq and Khurais. These attacks against critical infrastructure endanger civilians, are unacceptable, and sooner or later will result in innocent lives being lost.”

According to Reuters reports the drone attacks will impact up to 5 million bpd of oil production, which suggests that the price of oil - already severely depressed by the recent news that John Bolton is out, making de-escalation with Iran far more likely - is set to soar when trading reopens late on Sunday, just what the upcoming Aramco IPO desperately needs, which in turn has prompted some to wonder if the "Yemen" attack on Saudi Arabia wasn't in fact orchestrated by Saudi interests. 18 years after Sept 11, this shouldn't sound all that outlandish...   

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Saudi Oil Attack: This Is the Big One

The technological sophistication and audacity of Saturday’s attack will linger over the energy market

 
 
im-107237?width=620&size=1.5
Smoke billowed from an Aramco oil facility in Abqaiq, in Saudi Arabia's eastern province, where drone attacks sparked fires Saturday. PHOTO: -/AGENCE FRANCE-PRESSE/GETTY IMAGES
By 
Spencer Jakab
 

Saturday’s attack on a critical Saudi oil facility will almost certainly rock the world energy market in the short term, but it also carries disturbing long-term implications.

Ever since the dual 1970s oil crises, energy security officials have fretted about a deliberate strike on one of the critical choke points of energy production and transport. Sea lanes such as the Strait of Hormuz usually feature in such speculation. The facility in question at Abqaiq is perhaps more critical and vulnerable. The Wall Street Journal reported that five million barrels a day of output, or some 5% of world supply, would be taken offline as a result.

To illustrate the importance of Abqaiq in the oil market’s consciousness, an unsuccessful terrorist attack in 2006 using explosive-laden vehicles sent oil prices more than $2.00 a barrel higher. Saudi Arabia is known to spend billions of dollars annually protecting ports, pipelines and processing facilities, and it is the only major oil producer to maintain some spare output. Yet the nature of the attack, which used drones launched by Iranian-supported Houthi fighters from neighboring Yemen, shows that protecting such facilities may be far more difficult today

ere are countries that even today see their output ebb and flow as a result of militant activity, most notably Nigeria and Libya. Others, such as Venezuela, are in chronic decline due to political turmoil. Such news affects the oil price at the margin but is hardly shocking.

Deliberate attacks by actual military forces have been far rarer, with the exception of the 1980s “Tanker War” involving Iraq, Iran and the vessels of other regional producers such as Kuwait. When Saddam Hussein’s Iraqi forces invaded Kuwait in 1990, removing its production from the market and putting Saudi Arabia’s massive crude output under threat, prices more than doubled over two months.

Yet Saturday’s attack could be more significant than that. Technology from drones to cyberattacks are available to groups like the Houthis, possibly with support from Saudi Arabia’s regional rival Iran. That major energy producer, facing sanctions but still shipping some oil, has both a political and financial incentive to weaken Saudi Arabia. The fact that the actions ostensibly were taken by a nonstate actor, though, limits the response that the U.S. or Saudi Arabia can take. Attempting to further punish Iran is a double-edged sword, given that pinching its main source of revenue, also oil, would further inflame prices.

While the outage may not last long given redundancies in Saudi oil infrastructure, the attack may build in a premium to oil prices that has long been absent due to complacency. Indeed, traders may now need to factor in new risks that threaten to take not hundreds of thousands but millions of barrels off the market at a time. U.S. shale production may have upended the world energy market with nimble output, but the market’s reaction time is several months, not days or weeks, and nowhere near enough to replace several million barrels.

 

After the smoke clears and markets calm down, the technological sophistication and audacity of Saturday’s attack will linger over the energy market.

 

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Major story. 

 

And please...no "synopsis" of this on the site, no pundit here has any idea where this is going, and shouldn't pretend they do. 

 

Newsflash...it's definitely SOMETHING economically and politically everyone should be watching.

 

Aramco...damn...and...Iran isn't playing pattycakes, are they? 

 

Yota should get plenty of newshound material from this. Hoping and praying for for the best outcome.

 

 

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  • yota691 changed the title to Iran loses last innocence papers from Aramco attack

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