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Petrol prices could soar after drone strikes on Saudi oil facilities

5 monthes ago   |   By Metro

Saudi officials say ‘Iranian weapons were used' in the attack
Petrol prices could rise to levels not seen since the First Gulf War, after drone strikes on Saudi oil facilities halted the production of 5.7 million barrels a day.
Prices could soar to as much as 7.5p per litre over the coming weeks, according to Goldman Sachs, amid rising tensions in the Gulf.
On Saturday, a swarm of explosive drones attacked the world's biggest oil processing plant in Saudi Arabia, knocking out more than half of the country's output and five per cent of the world's oil production.
Yemen's Houthi rebels, who...
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Oil stocks soar after Saudi attack - biggest rise since Saddam Hussein invaded Kuwait in 1990

Oil stocks soar after Saudi attack - biggest rise since Saddam Hussein invaded Kuwait in 1990

5 monthes ago   |   By Daily Mail

The price of oil soared by almost 20pc to just under $72 a barrel when trading began yesterday - the biggest intraday percentage rise since Saddam Hussein invaded Kuwait in 1990.
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