Sunday 5 January 2020

Oil Set for Bumpy Week as U.S. Says Iran May Strike Saudi Again - Bloomberg

Oil Set for Bumpy Week as U.S. Says Iran May Strike Saudi Again - Bloomberg:

Oil is set for a bumpy week as the U.S. warned Iran may attack Saudi Arabia again following the American assassination of one of the Islamic Republic’s most powerful generals.

There’s “heightened risk” of missile attacks near military bases and energy facilities in Saudi Arabia, the U.S. State Department warned Sunday, raising the prospect of disruptions in the world’s most important oil-producing region.

The warning followed a weekend of bellicose rhetoric. President Donald Trump said more than 50 Iranian sites could be hit if Tehran retaliates against the killing of Qassem Soleimani, while the Middle East nation said it has to “settle a score with the U.S.”

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