POLICY COMPASS

Tension Between US and Iran Increases After The Attack On Saudi Arabia’s Oil Facilities

by Giorgio Cafiero

17 September 2019

In this paper we discuss:

• The attack on Saudi Arabia's oil-processing facilities;
• Who the "culprit" for this attack could be;
• Whether this attack will imply and increase in the US-Iran tension;
• Whether or not a new war in the Middle East is likely; and
• The implications for oil prices of all the above.
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