The Saudi Aramco oil processing facility in Abqaiq, Saudi Arabia was attacked on Saturday by a reported dozen cruise missiles and more than 20 drones. Analysts of the site reported at least 17 hits on what is the world’s largest oil processing facility. Saudi Arabia announced later that there were no fatalities or injuries despite raging fires, but an estimated 5.7 million barrels in global oil supplies were interrupted. Such a shortage will undoubtedly cause global oil prices to rise, yet political consequences of such an event could have far more severe ramifications than economic ones.
Iran is seen as a possible perpetrator of the attack, by both Saudi Arabia and the U.S. A group of Houthi rebels in Yemen have claimed responsibility for the strike, and the Iranian government has denied involvement.
Saudi Arabia has claimed that Iran was behind the attack, but presented no evidence, and that even if the Houthi rebels conducted the attack, they were supplied by the Iranian government, which has indeed supported the group before. Saudi Arabia leads a West-supported military coalition supporting Yemen’s government, while Iran backs the Houthi rebels in Yemen’s ongoing civil war.
In support of Saudi Arabia’s stance, the U.S. government released satellite images that they say reveals the missiles came from the northwest, not Houthi-controlled territory to the Southwest. What is northwest of Abqaiq, you ask? Iran.
The attack comes to already-precarious foundations of Saudi/Iranian relations. The countries have always been in a deadlocked struggle for dominance in the region, and U.S. involvement in this attack could be the catalyst for war between the three countries.
Trump and his ever-changing cabinet of cohorts had plenty to say about the incident on Twitter, and their reactions can help us anticipate what their future actions may be:
Trump and his administration are offering no confidence that this incident will not lead to war, as tensions with Iran have been festering Trump’s entire presidency.
In his tweet, Trump references the event earlier this year in which Iran shot down a U.S. drone, claiming the drone violated their airspace, while the U.S. responded that it was in international airspace.
The reason for the attack was murkier then, as both countries argued what airspace the drone was in at the time it was shot down. Now the locale of the attack cannot be questioned, but the “who” behind it is not clear. It’s impossible to disentangle Iran from this attack, for even if it was not the Iranian government that carried out the strike, the Houthis are a group who have been backed by Iran before. The cryptic “We’ll see?” at the end of Trump’s tweet certainly does not encourage a state of calm, but it also ironically exactly what we will have to do in the aftermath of this attack. One will have to keep watch on gas prices, Twitter and headlines to see how this event affects short term economics and U.S., Iranian and Saudi relations.