Oil prices jump on drone attack on Saudi Aramco facilities

The USS Abraham Lincoln in the waters of Western Pacific Ocean in 2004. The ship is now heading to the Middle East

The USS Abraham Lincoln in the waters of Western Pacific Ocean in 2004. The ship is now heading to the Middle East

Absolutely. But we have not planned for that.

On Twitter, Al Masirah cited the official as saying, "This large military operation is in response to the continued aggression and blockade of our people and we are prepared to carry out more unique and harsh strikes".

Acting Defense Secretary Patrick Shanahan is pushing an updated military plan to President Donald Trump's top security aids at a meeting last week, the New York Times has reported.

There are concerns about "the threats that extremist individuals inside the United States government and individuals in the region are trying to impose", the top Iranian diplomat said.

"There won't be any war. The Iranian nation has chosen the path of resistance", he said.

European Union leaders are scrambling to save the 2015 nuclear deal, which the United States pulled out of past year.

Trump warned Iran against provocations yesterday.

Under the accord negotiated by Trump's predecessor, Barack Obama, Tehran agreed to curb its uranium enrichment capacity, a potential pathway to a nuclear bomb, in return for sanctions relief.

"I'm hearing little stories about Iran", Trump added.

Saudi officials said the tankers were sabotaged.

Houthi rebels, an insurgent group in Yemen, is now locked into a brutal civil war with the Saudi and internationally-backed government.

As saber-rattling between Iran and the U.S. reaches open hostility, Iranian presidential advisor Hesameddin Ashena tweeted Trump to say that listening to John "the mustache" Bolton may have cost him a deal and left him with a war.

"Public support for major US interventions in the region has clearly declined over the past decade and the USA, no matter what administration is in office or what is its policy toward Iran, is not likely to further intervene militarily in any regional conflict for the sole reason of blunting the impact of Iran's regional strategy", said an analysis by the Soufan Center, a New York-based security firm.

The development reflects the influence of Mr. Bolton, one of the administration's most virulent Iran hawks, whose push for confrontation with Tehran was ignored more than a decade ago by President George W. Bush.

Speaking with reporters in New Delhi after meeting with his Indian counterpart, Zarif said, "We discussed the regional issues and dangers that the policies of extremist individuals in the USA administration are trying to impose on the region, as well as concerns about the suspicious and sabotage acts that happen in our region", according to Iran's state news service, Fars.

Aramco said it had temporarily shut down the East-West pipeline, known as Petroline, to evaluate its condition.

"Recent attacks in the Gulf and Saudi Arabia are aimed at the world and not just [Saudi Arabia]", Saudi energy minister Khalid Al-Falih said.

Oil prices rose on news of the attack on the Saudi pumping stations, more than 200 miles (320 km) west of the capital Riyadh.

The attacks come after Saudi confirmed that two of its oil tankers were among the four vessels attacked off the coast of the UAE on Sunday.

In the UAE's statement on the attack, they said they stand in solidarity with the Kingdom of Saudi Arabia and that the security of the two countries is "indivisible". "Fortunately, the attack didn't lead to any casualties or oil spill; however, it caused significant damage to the structures of the two vessels".

Dubai and Abu Dhabi stock markets suffered their biggest single-day declines in years on Monday, with Dubai falling 4%.

The hull of a Norwegian-registered product tanker was damaged by an unknown object off the coast of port Fujairah on Sunday, Thome Ship Management said on Monday.

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