The shadowy forces attacking civilian targets in Saudi Arabia

Smoke is seen following a fire at an Aramco facility in the eastern city of Abqaiq Saudi Arabia Sept. 14 2019

Smoke is seen following a fire at an Aramco facility in the eastern city of Abqaiq Saudi Arabia Sept. 14 2019

Trump also said the United States was "locked and loaded" for a potential response to the strikes on the Saudi facilities, which shut 5% of world production, after a senior official in his administration said Iran was to blame.

Mr Trump said on Twitter that the USA was waiting to hear from the Saudis as to who they believe was behind the attack and "under what terms we would proceed!"

Oil posted its biggest ever intraday jump to more than $71 a barrel after a strike on a Saudi Arabian oil facility removed about 5% of global supplies, an attack the USA has blamed on Iran.

All up, the dual attack saw the operations of Saudi Arabia's world-class Abqaiq processing facility and the Khurais oil fields disrupted. Countries attacking each other's oil facilities and fields is a "prescription for a high oil price".

The U.S. has said it will remain open for talks with Iran but Mousavi said a Trump-Rouhani meeting was not on the agenda. "There is no evidence the attacks came from Yemen", Pompeo wrote on Twitter.

For one, Saudi Arabia's stock market dropped approximately 2.3% on Sunday GMT+3. The country's emergency oil supply - a series of storage tanks and underground caverns created after the oil crises of the 1970s - holds 630 million barrels of crude, an Energy Department official said. "We are concerned about the impact (of the attack), but so far we hear from port agents that it has been OK", one of the sources said.

That is feeding into some calm in markets and the downplaying of fear is seeing oil prices recede from their highs posted earlier in the day.

Iran's President Hassan Rouhani accused Washington of diverting blame for the war in Yemen, where USA ally Saudi Arabia leads a military coalition that has regularly carried out air strikes.

He argues that the attack on Saudi Arabia will help world markets finally recognize the repercussions of the unraveling of the Iran nuclear deal, from which President Donald Trump withdrew the U.S.in 2018, imposing harsh sanctions on Iran, including its oil industry.

Mr Pompeo accused Iran of launching "an unprecedented attack on the world's energy supply" - an accusation which Iran then described as "deceitful".

The Iran-aligned Houthi movement that controls Yemen's capital claimed responsibility for the attack, which damaged the world's biggest crude oil processing plant.

Speculation over a possible meeting also comes after the ouster of national security adviser John Bolton, a known hawk on matters involving Iran.

Saudi Arabia is set to become a significant buyer of refined products after the attacks, which may have also cut Saudi Aramco's refining capacity, consultancy Energy Aspects said.

Energy Minister Prince Abdulaziz bin Salman said the raids had reduced crude oil production by 5.7 million barrels a day, representing roughly 5 percent of the daily global oil supply.

The attack comes after US President Donald Trump said a meeting with Iranian President Hassan Rouhani was possible at the United Nations General Assembly in NY this month.

Some Iraqi media said the attack was launched from Iraq, which is closer to the Saudi oil production facilities than Yemen and where Iranian-backed paramilitary groups are entrenched.

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