Factbox: U.S. readies emergency oil reserves in wake of Saudi attacks


  • World
  • Sunday, 15 Sep 2019

WASHINGTON (Reuters) - The Trump administration said on Saturday it stood ready to tap U.S. emergency oil reserves if needed after attacks in Saudi Arabia shut more than half the crude output in the world's largest oil exporter.

Yemen's Iran-aligned Houthis claimed responsibility for the attack that knocked out about 5 million barrels or 5% of global production, but U.S. Secretary of State Mike Pompeo put the blame squarely on Iran.

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