Thread by @osamabinjavaid

Houthi fighters in Yemen have claimed two drone attacks on Saudi #Aramco factories in Abqaiq and Khurais provinces which sparked large fires. Saudi interior ministry spokesman says the fires in the state oil company have been brought under control

Abqaiq plays a pivotal role in Aramco's day-to-day operations. #Saudi Aramco says #Abqaiq is the company's largest oil processing facility and the largest crude oil stabilization plant in the world saudiaramco.com/en/creating-va…

#SaudiArabia is shutting down about half of its #oil output after apparently coordinated drone strikes hit facilities in what #Yemen’s Houthi rebels described as one of their largest-ever attacks inside the kingdom according to @WSJ & @Reuters wsj.com/articles/drone…

@WSJ @Reuters "We don't know how much of the facility has been damaged but this will bring down #Saudi oil production. This will also have an impact on global oil production" we discussed Houthi attack on #Aramco earlier this morning on @AJEnglish aljazeera.com/news/2019/09/d…

@WSJ @Reuters @AJEnglish #Saudi military says "based on initial investigations, operational evidence and physical evidence in the locations of the terrorist attack, investigations are ongoing to determine the parties responsible for planning and executing these terrorist attacks"

https://twitter.com/SaudiEmbassyUSA/status/1172923185228107776

“Abqaiq is the heart of the system and they just had a heart attack. We just don’t know the severity."

The Quote of the day on #SaudiAramco via @JavierBlas quoting a good analogy from Roger Diwan, a consultant at IHS Mark

US accuses Iran of #AramcoDroneStrike after Houthis in Yemen claimed responsibility; the use of drones shows a vulnerability in Saudi air defences which are primarily provided by the United States

https://twitter.com/SecPompeo/status/1172963090746548225?s=19

In a phone call with Saudi Crown Prince Mohammed @realDonaldTrump offered support for “Saudi Arabia’s self defense” and condemned the attack on “critical energy infrastructure.” thehill.com/homenews/admin…

@realDonaldTrump Good recap of #SaudiAramco by @energyintel

- Armco & #Saudi oil minister didn't say how long it'd take to restore production
- US says it's ready to release oil from Strategic Petroleum Reserve "to offset any disruptions to oil markets"
- Saudi statements didn't mention drones

Attacks on #SaudiAramco highlight the kingdom's vulnerability to attacks by drones or missiles.

Prince Abdulaziz said in addition to oil production, the attacks also led to suspension of 2 billion cubic feet per day of associated #gas production. #OOTT #OOTD latest on @AJEnglish

The largest complex of its kind in the world #Abqaiq oil facility in Eastern Province processes some 7 Mb/d. It receives SourCrude & upgrades it into sweet crude that's then pumped to export terminals on Mideast Gulf or Red Sea coast via East-West pipeline energyintel.com/pages/eig_arti…

This @WSJ map shows how "#Houthi" drone capabilities have increased with the support of #Iran - these drones can loiter but are not designed to return to base but can be controlled over long distances #Saudi #KSA via @andreas_krieg

@WSJ @andreas_krieg Satellite imagery released by US govt shows what officials say are at least 19 points of impact at two #Saudi energy facilities in #Abqaiq and #Khurais. US officials insist the photos show impacts consistent with attack coming from the direction of #Iran rather than from #Yemen

18% increase in #oil price as markets open. Brent crude up by $10.94 to $71.16 a barrel as market opens after #SaudiAramco attacks oilprice.com/oil-price-char…

#OOTT #SaudiArabia

In an extraordinary start to trading on Monday, London’s Brent futures jumped $12, the biggest intraday advance in $$ terms since launch in 1988

#Oil futures have pulled back but were still heading for the biggest advance in over 3yrs #OOTD #SaudiArabia

bloomberg.com/news/articles/…

#Saudi MoFA insists #Aramco was attacked w/ Iranaian weapons and asks international community to counter them.

Among others, will be inviting UN investigators to determine source of attack and weapons.

#Riyadh says it's capable of defending itself

https://twitter.com/KSAMOFA/status/1173686263339192323?s=19

Iraqi Prime minister denies assertions in media that #Iraq's territory was used to attack #SaudiAramco. In a conversation with Mike Pompeo he assured US of complete cooperation and efforts to defuse tensions

https://twitter.com/AdilAbdAlMahdi/status/1173558268645576704?s=19

pmo.iq/press2019/16-9…

Energy Secretary Rick Perry says US is still taking a wait-and-see approach on whether to tap its Strategic Petroleum Reserve to stabilise oil markets after attacks on #SaudiArabia's oil infrastructure took out half of the kingdom's output energy.gov/fe/services/pe…

#Aramco tells multiple customers that October crude deliveries will be delayed (from few days to weeks)

Post #Abqaiq attack, #Saudi offering heavy instead of light crude
PetroChina's light crude oil will be delayed by 10 days
India's IOC would get Arab heavy instead of Arab mix

"Oil is a commodity and it isn't more precious than the blood of #Yemen's people" that's according to #Houthi spokesman Mohammad Abdul Salam. He denounce the international condemnation of the attack on #Saudi oil facilities & accused them of "shameful bias towards the aggressor"