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The Conversation USA

Attacks on Saudi oil – why didn't prices go crazy?

  • Written by Scott L. Montgomery, Lecturer, Jackson School of International Studies, University of Washington

Energy experts and scholars like me have long wondered what the impact would be from a major attack on Saudi Arabia’s oil facilities. For decades, the Saudis were the world’s top exporter and swing producer, able to change output to meet fluctuations in market demand. Would an assault on their oil bring panic and an extreme rise in...

Read more: Attacks on Saudi oil – why didn't prices go crazy?

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