The September 14 drone and guided-missile attacks on Saudi oilfields and processing plants reduced their production capacity from 10 million barrels daily to 4.3 million barrels per day. This leaves a huge gap in Saudi Arabia’s export capacity.
While it was unconfirmed at the time of writing who launched the attacks – be it Yemeni Houthi rebels, or Iran, or other Middle Eastern players – many fingers were pointing to Iran. Retaliation by the Saudis or the United States is a possib…