[box type=”info” align=”” class=”” width=””]by Martin Armstrong,
After drone attacks on two major oil facilities in Saudi Arabia on Saturday, half of the country’s production capability has been knocked out. How much of an impact will this have on global oil supplies? As the latest data from BP shows, Saudi Arabia is the second-largest producer of oil in the world, accounting for 13 percent of all production in 2018. On top of that, the country is the largest exporter of crude oil.
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