Energy

Asia activates oil contingency plans as Saudi strike disrupts outlook

Trump suspects Iran involvement and hints at action

TOMIO SHIDA, Nikkei senior staff writer, and SUGURU KURIMOTO, Nikkei staff writer
September 17, 2019 04:40 JST
Updated on September 17, 2019 12:44 JST

TOKYO -- The drone strike on Saudi Arabian oil facilities on Saturday highlighted new vulnerabilities in the global crude market, shattering expectations of a downtrend in oil prices and pushing distributors to consider a potential shortage in supply.

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