Saudi Arabia urges action to protect oil supplies

DUBAI: Saudi Arabia called for swift action to secure Gulf energy supplies, after the US blamed Iran for attacks on two oil tankers in a vital oil shipping route that have raised fears of broader confrontation in the region.
Thursday's tanker attacks in the Gulf of Oman exacerbated the antagonistic fallout from similar blasts in May that crippled four vessels. Washington, already embroiled in a standoff with Iran, has blamed Tehran.Iran has denied any role in the strikes.
Saudi energy minister Khalid al-Falih said "there must be a rapid and decisive response to the threat" to energy supplies, market stability and consumer confidence after the attacks in the Gulf area. Oil prices have climbed 3.4 per cent since Thursday's attacks.
^{[1][2][3][4][5]}

References

1. ^{^} Saudi Arabia (timesofindia.indiatimes.com)
2. ^{^} Gulf energy supplies (timesofindia.indiatimes.com)
3. ^{^} Iran (timesofindia.indiatimes.com)
4. ^{^} Gulf of Oman (timesofindia.indiatimes.com)
5. ^{^} Oil prices (timesofindia.indiatimes.com)

from Gulf News, Latest Middle East News Headlines & Live News Updates - Times of India http://bit.ly/2XSxbZg