WS #12935
Saudi Arabia intercepted drones targeting oil facilities in the Eastern Province, blaming Iran-backed militias from Iraq, while Brent crude fell over 7% to ~$82, creating a disconnect between supply disruption and market pricing.
Geopolitical Risk: Saudi Drone Interception and Oil Price Collapse
Saudi Arabia intercepted drones targeting oil facilities in the Eastern Province, blaming Iran-backed militias from Iraq, while Brent crude fell over 7% to ~$82, creating a disconnect between supply disruption and market pricing.