LogIn LogOut

Saudis: Iran Created "Very Grave" Gulf Situation

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



Current News

Barakah Offshore Files Petronas Carigali Claim

Barakah Offshore Files Petronas Carigali Claim

GC Rieber Crew Boats Stay in Russian Far East

GC Rieber Crew Boats Stay in Russian Far East

PetroChina's oil and gas trade turnover up 5% in 2019

PetroChina's oil and gas trade turnover up 5% in 2019

Yinson: 8th Extension for Lam Son FPSO

Yinson: 8th Extension for Lam Son FPSO

Pacific Drilling Must Pay $320M for Rig Order Cancellation

Pacific Drilling Must Pay $320M for Rig Order Cancellation

Oil Slips on Doubts About U.S.-China Deal, OPEC Outlook

Oil Slips on Doubts About U.S.-China Deal, OPEC Outlook

Keppel working on 3D-Printed Offshore Grade Steel

Keppel working on 3D-Printed Offshore Grade Steel

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