U.S. Insulated From Possible Supply Shock After Saudi Attack

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U.S. Insulated From Possible Supply Shock After Saudi Attack
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The U.S., the world's largest crude producer, finds itself in the rare position of being able to help stabilize world markets after drone strikes on Saudi oil facilities

As the world faces the possibility of an oil-supply shock after a Saturday attack on Saudi Arabia, the U.S. finds itself in the rare position of being able to help stabilize world markets.

About half of Saudi Arabia’s global oil production was knocked offline in a drone attack. Officials said they hope to restore output to regular levels by Monday.

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