U.S. President Donald Trump declared Monday it "looks" like Iran was behind the explosive attack on Saudi Arabian oil facilities. But he stressed that military retaliation was not yet on the table in response to the strike against a key U.S. Mideast ally.
Yemen's Houthi rebels launched drone attacks on the world's largest oil processing facility in Saudi Arabia and a major oil field Saturday, sparking huge fires and halting about half of the supplies from the world's largest exporter of oil.
The only daughter of Saudi Arabia's King Salman has been found guilty by a Paris court of charges that she ordered her bodyguard to detain and strike a plumber for taking photos at the Saudi royal family's apartment in the French capital.
OPEC and its non-cartel allies on Thursday discussed further cuts to oil production and the possibility of Iran re-entering the global market but said that any decision would have to wait for a meeting in December.
The chief executive of Saudi Aramco, the state-owned oil firm that is seen as the kingdom's crown jewel, said Tuesday that the company is ready for a local listing on the kingdom's stock exchange and that it will happen "very soon."
Saudi Arabia's new energy minister suggested on Monday that oil producers would need to share greater responsibility to balance the market in comments that marked his debut since being named to one of the most important positions in the kingdom the previous day.