Attacks on Oil Facilities Threaten Fragile Saudi Economy

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Attacks on Oil Facilities Threaten Fragile Saudi Economy
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Attacks on Saudi oil facilities could debilitate GDP growth in the kingdom, which earns two-thirds of its revenue from crude sales that drive government spending

Kingdom, which earns two-thirds of its revenue from crude sales, lost half its production at a time when foreign investment was down and consumers suffered from low prices

Aramco officials say they are working 24/7 to repair their damaged oil facilities. Saudi Arabia invited WSJ’s Rory Jones to see the Khurais oil field and Abqaiq processing plant to show Aramco’s efforts to get back to full production and rally international support against Iran ahead of a meeting next week at the United Nations. Image: AP

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