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Reuters BusinessSep 16, 2019
Trump says he does not want war after attack on Saudi oil facilities
U.S. President Donald Trump said on Monday said it looked like Iran was behind attacks on oil plants in Saudi Arabia but stressed he did not want to go to war, as the attacks sent oil prices soaring and raised fears of a new Middle East conflict.

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Trump's Deference to Saudis in Setting Terms for How U.S. Should Respond to Attacks Touches a Nerve - The New York Times (Google Business News)

MarketWatch MarketPulseSep 16, 2019
Dow snaps eight-day winning streak after Saudi oil attack
U.S. stocks ended lower on Monday after investors were rattled by a drone strike on Saudi Arabian oil facilities over the weekend. The S&P 500 fell 0.3% to end around 2,998. The Dow Jones Industrial Average shed 143 points, or 0.5%, to end near 27,077, based on preliminary numbers. The Nasdaq Composite was down 0.3% to finish around 8,154. The drone attack underlined the vulnerability of major oil producers in the Middle East, renewing geopolitical fears over the region. Fears of tightening supplies sent values for crude surging. U.S. crude prices rose by more than 14% to settle at $62.90 a barrel on Monday, marking its biggest daily gain since Sept. 2008. Investors also raised concerns that the U.S. may escalate its current conflict with Iran over the attack.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Business NewsSep 16, 2019
Trump says it looks like Iran was behind Saudi oil field attack - CNN
Trump says it looks like Iran was behind Saudi oil field attack  CNNIran fired cruise missiles at Saudi oil facility l ABC News  ABC NewsSaudi attacks send oil prices soaring: Live updates  CNNDaniel Turner: Saudi attacks hit oil prices but THIS is what American energy independence means now  Fox NewsU.S.-Iran Tensions, and Fears of War  The New York TimesView full coverage on Google News
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