Saturday, September 21, 2019 11:12:24 AM
Crude Oil Prices Rise As Iran Warns Of 'All-Out War'; Pentagon Responds
Investor's Business Daily
GILLIAN RICH
,Investor's Business Daily•September 19, 2019
Crude Oil Prices Rise As Iran Warns Of 'All-Out War'; Pentagon Responds
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Crude oil prices headed back up Thursday as tensions with Iran escalated, while analysts doubted Saudi Aramco's timeline to return to normal. The attacks over the weekend hit the Abqaiq production facility, the heart of Saudi Arabia's oil sector. It processes 5.7 million barrels of oil a day, or roughly half of the country's production and 5% of global supply.
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