Central SA
Oil prices surge after attacks on Saudi Arabia's crude facilities─── 09:19 Mon, 16 Sep 2019
Oil prices have surged to a six-month high following attacks on Saudi Arabia's crude facilities.
The attacks have knocked out more than five percent of global oil supply.
US President Donald Trump says Washington is 'locked and loaded' for a potential response.
Trump has authorised the use of the US emergency oil stockpile to ensure stable supplies after the attack.
The attacks have heightened worries as relations between Iran and the US deteriorate.
Washington is blaming Iran for the drone attacks on Saudi oil installations.
The Yemeni Houthi group has claimed responsibility for the attack, which hit the world's biggest oil-processing facility.
The UN has condemned the attacks and called on those involved to prevent the situation escalating.
