5 years, 7 months ago

The Latest: US ‘ready’ to deploy resources from reserves

DUBAI, United Arab Emirates — The Latest on the explosion and fire at a major oil facility in Saudi Arabia : 3:10 a.m. The U.S. Energy Department says the U.S. “stands ready to deploy resources from the Strategic Petroleum Oil Reserves if necessary to offset any disruptions to oil markets” in the wake of a drone attack in Saudi Arabia on the world’s largest oil processing facility. Pompeo says the U.S. calls on all nations to “condemn Iran’s attacks.” He adds, “The United States will work with our partners and allies to ensure that energy markets remain well supplied and Iran is held accountable for its aggression.” ___ 1:10 a.m. President Donald Trump spoke Saturday with Saudi Crown Prince Mohammad Bin Salman “to offer his support” after Yemen’s Houthi rebels launched drone attacks against the Kingdom’s oil facilities. Spokesman Judd Deere says the attacks by the Iranian-backed Houthis “only deepen conflict and mistrust.” He adds that the U.S. government is “committed to ensuring global oil markets are stable and well supplied.” ___ 10:45 p.m. Saudi Arabia’s Crown Prince Mohammed bin Salman has received a telephone call from President Donald Trump in the wake of a Houthi rebel drone attack on Saudi oil facilities. The drone attack hit the world’s largest oil processing facility and another major oil field Saturday, sparking huge fires at a vulnerable chokepoint for global energy supplies.

Associated Press

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