The oil field attacks could cost Saudi Arabia hundreds of millions of dollars per day

Adam Rasmi
The oil field attacks could cost Saudi Arabia hundreds of millions of dollars per day

Drone attacks against the Abqaiq and Khurais oil fields on Sept. 14 in Saudi Arabia have roiled oil markets and, by extension, the global economy. The attacks, which Iran-allied Houthi rebels in Yemen have claimed responsibility for, immediately led to the disruption of 5.7 million barrels of crude production per day. The economic impact is significant for the Saudi economy.