Iran Pushes World to Brink of Energy Chaos
Middle East stares down the geopolitical barrel
On September 14, 2019, one of the most significant drone attacks in history occurred.
A number of drones and missiles smashed into two oil plants in Saudi Arabia - an oil processing facility (Abqaiq) and an oil production site (Khurais). The technology-driven attack shuddered almost 50% of Saudi Arabia’s oil production, as facilities went offline. The price of Brent crude surged forward 20% as fears about global oil supply spread.
While the Houthis claimed responsibility, all eyes immediately turned to Iran.
Even the Saudi military claimed the attack did not originate from Yemen, where the Houthis are based, but came “from the North,” indirectly pointing to Iran. Others, like the US, directly blamed Iran for the attack.
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