Coordinated drone attack cuts Saudi Arabia’s oil supply in half
Topics: SAUDI ARABIA OIL DRONE ATTACK
Reuters and The Wall Street Journal report that about half of the country's oil production has been disrupted, or 5 million barrels a day.
Saudi Arabia produces approximately one-tenth of the world's crude oil.
Saudi Interior Ministry confirmed the strikes on the oil-processing facility in Abqaiq and an oil field in Khurais, both owned by state-owned Saudi Aramco. Abqaiq is about 230 miles away from the Saudi capital of Riyadh, and the field in Khurais is 100 miles away.
According to Aramco's website, the facility in Abqaiq is both the company's largest oil processing facility and the largest crude oil stabilization plant in the world, playing a "pivotal role" in the company's operations. ■