Trump authorizes release of oil from strategic petroleum reserve after Saudi attacks

Indonesia Berita Berita

Trump authorizes release of oil from strategic petroleum reserve after Saudi attacks
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 CNBC
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Saturday's attack is the biggest on Saudi oil infrastructure since Saddam Hussein's invasion of Kuwait in 1990.

U.S. President Donald Trump, speaks with Mohammed bin Salman, the Kingdom of Saudi Arabia's deputy crown prince and minister of defense, left, in the Oval Office of the White House in Washington, D.C., U.S., on Tuesday, March 14, 2017.President Donald Trump said Sunday he has authorized the release of oil from the U.S. strategic petroleum reserve after attacks on key production facilities in Saudi Arabia that cut the kingdom's crude production by half.

Trump said oil would be released if needed to keep the market well supplied. The president also said that he has informed the appropriate agencies to expedite the approval of oil pipelines still in the permitting process in Texas and other states. Saudi Arabia's national oil company, Aramco, was forced to cut its production by 5.7 million barrels per day or about 50% after a series of drone strikes hit the heart of the kingdom's oil production. The world's largest oil processing facility and Saudi's second-largest oil field were hit by the attacks.

The Saudi government has not yet given an official timeline for when production will return to normal. According to The Wall Street Journal, Aramco expects to restore about a third of the lost oil output on Monday.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

CNBC /  🏆 12. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

President Donald Trump Tweetstorm – The Saturday EditionPresident Donald Trump Tweetstorm – The Saturday EditionThis being Saturday, President Donald Trump is out on the links at Trump National Golf Course. But before he engaged in his favorite hobby, he took some time off to put a hole in one of the media. …
Baca lebih lajut »

Pompeo blames Iran for Saudi oil facility attack as Trump seeks to assure marketsPompeo blames Iran for Saudi oil facility attack as Trump seeks to assure marketsThe attack comes after weeks of similar drone assaults on the kingdom’s oil infrastructure.
Baca lebih lajut »

Trump Has Few Options to Respond to Saudi Oil AttackTrump Has Few Options to Respond to Saudi Oil AttackThe attacks on Saudi Arabia’s energy-production system thrust President Trump into a fierce foreign-policy crosswind, at a time when his national security team is at its thinnest point in over a year.
Baca lebih lajut »

Saudi TV channel: Fire at Aramco facility, no cause givenSaudi TV channel: Fire at Aramco facility, no cause givenDUBAI, United Arab Emirates (AP) — An explosion and fire has struck a major Saudi Aramco oil processing facility in the kingdom's east, a Saudi-owned satellite channel reported Saturday, without...
Baca lebih lajut »

The Latest: Saudi Arabia says drones attacked oil facilitiesThe Latest: Saudi Arabia says drones attacked oil facilitiesDUBAI, United Arab Emirates (AP) — The Latest on the explosion and fire an oil facility in Saudi Arabia (all times local): 9:10 a.m. Saudi Arabia says drones attacked two major oil...
Baca lebih lajut »

Saudi Arabia says fires at Aramco sites 'under control' after drone attacksSaudi Arabia says fires at Aramco sites 'under control' after drone attacksDrone attacks on two Saudi Aramco factories in Abqaiq and Khurais provinces sparked fires that the state oil company brought under control, the Saudi interior ministry spokesman said. More here:
Baca lebih lajut »



Render Time: 2025-03-12 17:14:44