Saudis: Iran Created "Very Grave" Gulf Situation

by Guy Faulconbridge
Thursday, June 20, 2019

Iran has created a grave situation and jeopardized global oil supplies with its aggressive behavior, Saudi Arabia's minister of state for foreign affairs said on Thursday, adding that the kingdom was consulting with allies on next steps.

The United States and Saudi Arabia are among countries that have blamed Iran for attacks on oil tankers near the Strait of Hormuz, a major transit route for global oil supplies. Tehran has denied involvement.

"I think the situation is very grave because of the aggressive behaviour of Iran," Adel al-Jubeir told reporters in London.

"When you interfere with international shipping it has an impact on the supply of energy, it has an impact on the price of oil which has an impact on the world economy. It essentially affects almost every person on the globe." 

Reuters, Reporting by Guy Faulconbridge

Categories: Offshore Maritime Security Government Update Logistics Offshore Energy

Related Stories

Offshore Drilling 2025: 3 Things to Watch During a Year of Market Corrections

The Five Trends Driving Offshore Oil & Gas in 2025

ABS Approves Hanwha Ocean’s FPSO Design

OPEC+ Passes on Oil Output Increase, Weighs the "Trump Effect"

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

Makin' a List ... Trump Prioritizes Energy Exploration, Production, Export

Floating Wind and the Taming of Subsea Spaghetti

Southeast Asia Expected to Boost Coal Trade

DOF Subsea Grows Its APAC Backlog

1.1 GW Floating Offshore Wind Farm earns Key Approval

Current News

Offshore Drilling 2025: 3 Things to Watch During a Year of Market Corrections

Subsea Redesign Underway for Floating Offshore Wind

The Five Trends Driving Offshore Oil & Gas in 2025

China’s CNOOC Brings Bohai Sea Oil Field On Stream

Offshore Service Vessels: What’s in Store in 2025

ABS Approves Hanwha Ocean’s FPSO Design

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

Transocean’s Drillship to Stay in India Under New $111M Deal

INEOS Picks Up CNOOC’s US Assets in $2B Deal

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com