Saudi Arabia says oil facilities outside Riyadh attacked

A passerby walks past in front of a stock quotation board outside a brokerage in Tokyo Japan

Meanwhile, the details around alleged acts of sabotage to four oil tankers, including two belonging to Saudi Arabia, off the coast of the UAE's port of Fujairah remain unclear.

Another damaged tanker was Norwegian-registered, while the fourth was reportedly UAE-flagged.

However, an official familiar with American intelligence said that Iran was a leading candidate for having carried out the attacks but that the United States did not have conclusive proof to confirm this. The official, who was not authorized to discuss the investigation, agreed to reveal the findings only if not quoted by name.

Meanwhile, it could be that the crude analytical community will have to make do with worrying over Iran rather than the trade conflict between the USA and China: in the wake of widespread speculation that a breakdown in talks between the two countries was imminent, Wang Yi, state councillor for China, suggested that Beijing is hoping to reach a compromise: "Both countries' negotiating teams have the ability and wisdom to resolve each other's reasonable demands".

But analysts said the U.S.

The conflict is widely seen in the region as a proxy war between Saudi Arabia and Iran.

Washington's dispatch to the region of the USS Abraham Lincoln carrier group, an amphibious assault ship, a Patriot missile battery and B-52 bombers has sparked fears of possible military clashes.

A map highlighting the proximity of Fujairah and Iran.

Two pumping stations on a major Saudi oil pipeline were attacked by drones Tuesday, halting the flow of crude along it, Saudi Energy Minister Khalid al-Falih said.

Zuckerberg-Hughes Argument; Millennials Overspend Because Of Social
Hughes is right that companies should be held accountable for their actions", Clegg said. In the end people did not leave the company's platforms en masse.

Saudi Arabia, the world's biggest oil exporter, is likely to raise its production much more cautiously than past year when production from the Kingdom rose to record highs above 11 million bpd in November after calls from Trump to replace Iranian barrels.

The oil tankers were visible in satellite images provided Tuesday to the AP by Colorado-based Maxar Technologies.

It quoted the Cabinet as saying that it was the global community's shared responsibility "to preserve maritime safety and oil tankers' security in anticipation of any effects on energy markets and the danger of that on world economy".

The MT Andrea Victory, one of the alleged targets, sustained a hole in its hull just above its waterline from "an unknown object", its owner Thome Ship Management said in a statement.

Saudi Arabia, Iran's regional arch-rival, condemned "the acts of sabotage which targeted commercial and civilian vessels", a foreign ministry source said. The UAE did report that there were no injuries during the incident.

Qudah reiterated that the security of Jordan, Saudi Arabia and Gulf states is one.

A third of the world's liquefied natural gas and nearly 20 per cent of total global oil production flows through the Strait of Hormuz for export from Persian Gulf countries.

A map showing the coordinates of the oil tankers. The attack caused fire and minor damage to one of the pumping stations, Falih said.

Related:

  • US SC deals blow to Apple in anti-trust case

    US SC deals blow to Apple in anti-trust case

    The US Supreme Court has greenlit the antitrust lawsuit against Apple in a surprising decision against the Cupertino-based giant. Apple had argued that app buyers are not entitled to sue under a 1977 Supreme Court decision, Illinois Brick Co. v.
    Michigan's John Beilein leaving to coach Cleveland Cavaliers

    Michigan's John Beilein leaving to coach Cleveland Cavaliers

    Three Cavaliers (excluding Cleveland's two 2019 NBA Draft selections) should benefit early on from Beilein's offensive influence. If Michigan were to call, it wouldn't be the first team to show interest. "Everybody will be anxious", Love said in April.
    Companies await China retaliation; weaker growth expected

    Companies await China retaliation; weaker growth expected

    He said officials might be anxious companies may shift operations out of China in response to "aggressive retaliatory actions". Additionally, Trump called for U.S.
  • Valencia vs Arsenal: Livescore from Europa League semi-final [Second Leg]

    Valencia vs Arsenal: Livescore from Europa League semi-final [Second Leg]

    Arsenal head coach Unai Emery gave his players the day off on return from their Europa League semi-final success in Valencia. The only blot on his outing was the glaring late miss that cost him a hat-trick. "My team-mates knew I was in contention.
    Disney will take full control of Hulu

    Disney will take full control of Hulu

    Reportedly, Comcast is preparing an NBC streaming service to launch sometime in 2020 at a price point below $12 per month. Disney and Comcast also said they had agreed to fund Hulu's recent buyout of AT&T's 9.5 per cent interest in the company.
    Trump dismisses report of plan to send 120K troops to Middle East

    Trump dismisses report of plan to send 120K troops to Middle East

    His comments came after four commercial ships were targeted in a "sabotage attack" off the United Arab Emirates ( UAE ) on Sunday. USA and allied intelligence assessments indicate Iran was also behind sabotaging two Saudi oil tankers on Monday .
  • Disturbing video shows elderly man pushed off bus, dies from injuries

    Disturbing video shows elderly man pushed off bus, dies from injuries

    Video shows what happened next: Bishop shoved the man off the bus, Las Vegas Metropolitan Police said , through the open door. Bishop has been convicted twice of misdemeanor domestic battery charges in 2014 and 2015, according to court records .
    Greens surge ahead of Tories in latest Euro poll | Chris Jarvis

    Greens surge ahead of Tories in latest Euro poll | Chris Jarvis

    It will be the fourth time that the House of Commons votes on May's Brexit deal, after rejecting it in each prior vote. Brexit Secretary Steve Barclay said "It is right that the PM makes clear there needs to be an end point to the talks".
    China to impose tariffs on $60bn worth of United States  goods

    China to impose tariffs on $60bn worth of United States goods

    Nearly 2,500 items will be subject to 25 percent tariffs, while more than 2,000 others will have smaller tariff increases. The tariffs will take effect on June 1, according to a statement on the Ministry of Finance's website on Monday.
  • Constance Wu clarifies her tweets after her show's renewal

    Constance Wu clarifies her tweets after her show's renewal

    Wu wrote "No, it's not" in a since-deleted tweet Friday, May 10, 2019 , responding to a fan who called the renewal "great news". Im proud to be part of it. "For all the fans support, thank u & for all who support my casual use of the word fuck-thank u too".
    Key events in the Julian Assange legal saga

    Key events in the Julian Assange legal saga

    WikiLeaks said the re-opening of the investigation into the rape allegation will give Assange a chance to clear his name . The whistleblower denied the accusations, insisting that the sexual relations had been consensual.
    We will be stronger next season, warns Guardiola

    We will be stronger next season, warns Guardiola

    Last month, Van Dijk, who joined Liverpool from Southampton for £75 million last January, won the PFA Player of the Year award . They're the first team to win back-to-back titles since Manchester United in 2007-8 and 2008-9.

Comments

Latest news

Donald Trump sets up U.S. ban on Huawei with emergency declaration
The order paves the way for a ban on doing business with China's Huawei, though it did not name specific countries or companies. The action will direct the Commerce Department, in consultation with other federal agencies, to craft an enforcement strategy.

Asian stock markets fall as Trump hardens stance against China
Other investments deemed as safe havens dropped, such as USA government bonds and gold. Oil prices held steady and the dollar was trading at 109.59 Japanese yen.

Monsanto must pay couple $2bn in largest verdict yet over cancer claims
Monday's decision follows an $80 million judgment in March to a California man who said Roundup gave him non-Hodgkin's lymphoma. Bayer has seen its stock price plummet 40 percent since it purchased Monsanto past year for $63 billion.

Barr working with intel chiefs on Russia review
That comment landed Wray in hot water with Trump, who lashed out when asked about it by reporters on Tuesday. President Trump nominated Durham for his current post a year ago and the Senate unanimously confirmed him.

China will "never surrender" in trade row
Beijing is running out of US imports to penalize because of the lopsided trade balance between the world's two largest economies. Trump said repeatedly that China " broke the deal " the two sides had been working toward over the past several months.

Tottenham Hotspur vs. Everton - Football Match Report
Everton haven't won away against Tottenham in the Premier League since November 2008 (1-0), drawing three and losing six since. And in the aftermath of Tottenham's final Premier League game, Pochettino let reaching the Champions League final sink in.

Actor Tim Conway dead at 85
Conway's known for his role on The Carol Burnett Show that ran for over a decade from the late 60s to the late 70s. He was one in a million, not only as a brilliant comedian but as a loving human being", Burnett tsaid.

Game of Thrones episode 'The Bells' sets new ratings record
And who followed? None other than a young redhead, Elizabeth I, who went on to rule her golden age. As a wise queen once said, "When you play the game of thrones , you win or you die".

German government: We're working on maintaining legal channel for trade with Iran
Mogherini said the talks would focus on "how to continue to best support the full implementation of the nuclear deal". This is coming on the heels of Tehran's plans last week to partially withdraw from a 2015 deal with major powers.

Yemen govt minister dismisses Houthi pullout from Hodeidah as a "show"
Coalition forces, now massed 4km from Hodeidah port on the edges of the city, are to retreat 1km from two flashpoint districts. The Houthis handed over the ports to local coast guard forces in Hodeidah, and two smaller ports in the vicinity.

Three people found dead from crossbow bolts in German hotel
The trio - a 53-year-old man and two women, aged 30 and 33 - were discovered on Saturday at a hotel in Passau, Bavaria. Both the 53-year-old and the 33-year-old came from the state of Rhineland-Palatinate, according to prosecutors.

Doris Day Dead - Legendary Actress Passes Away at 97
For all of her acclaim as an actress, Doris Day said her days as a big band singer were "the happiest times in my life". Day was briefly a vocalist for Bob Crosby's big band before settling into a long job with Les Brown's band in 1940.

Dispute with Iran: Now Trump is asking Switzerland to help view
Iran's Supreme National Security Council labelled the United States troops deployed in the Middle East to be a terror group. Last year, Bolton's request for military options for Iran caused concern among some Pentagon officials, sources tell CNN .

Hollywood icon Doris Day has died aged 97
A statement from the Doris Day Animal Foundation confirmed her passing ; saying she died at her home in Carmel Valley, California. After stepping away from acting, Doris dedicated her life to the welfare of animals. "I thought she was handsome ".

5 ways to watch Sophie Turner other than Game of Thrones
Sophie Turner stopped by " The Tonight Show " Friday and had to answer for the " Game of Thrones " gaffe seen around the world. Starbucks , of course, reacted to the media frenzy, tweeting on Monday, "TBH we're surprised she didn't order a Dragon Drink".

Other news