Oil prices rose sharply Tuesday morning on reports of a drone attack at oil pumping stations in Saudi Arabia.
crude futures were at $61.67 per barrel at 12:40 London time, up 1.03% for the session.
The fire has since been contained, according to the State Press Agency . Al-Falih asserted that oil production was not interrupted. State oil company Saudi Aramco said that its oil and gas supplies to Europe have not been affected. "This act of terrorism and sabotage in addition to recent acts in the Arabian Gulf do not only target the Kingdom but also the security of world oil supplies and the global economy," the SPA described al-Falih as saying.The exchange, which joined the MSCI emerging markets index this year as part of the country's economic diversification agenda, dropped 2.
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