It's the largest one-day surge in crude prices in years. Yemen's Iranian-backed Houthi rebels claimed responsibility for the strikes, but the U.S. says Iran played a key role. Iran denies involvement.
NPR's Ari Shapiro speaks with intelligence expert Heather Williams of the Rand Corp. about tensions between Iran and the U.S. following an airstrike on Saudi Aramco facilities.
Saudi Arabia had been planning to sell off a slice of its state-owned oil company, Saudi Aramco, in a massive IPO. But last weekend's aerial attacks on Saudi oil facilities may scare off investors.
An attack over the weekend crippled a major Saudi Arabian oil facility. Evidence suggests the strike may have involved both missiles and drones and means Iran probably played a role.
Oil prices jumped on Monday in response to a weekend strikes in Saudi Arabia that crippled more than half the country's oil production. It was the single-largest daily surge in crude prices in years.
NPR's David Greene talks to Dennis Ross, a veteran diplomat who is now with the Washington Institute for Near East Policy, about the attack. The U.S. says Iran played a key role.
Oil prices jumped following drone attacks on Saudi oil facilities. Yemen's Houthi rebels claimed responsibility, but the U.S. says Iran played a key role.