Iran Rejects U.S. Charge That It Was Behind Attacks On Saudi Oil Plants

Tehran says U.S. bases, aircraft carriers in the region are within its missiles’ range

Iran dismissed accusations by the United States that it was behind attacks on Saudi oil plants that risk disrupting global energy supplies and warned on Sunday that U.S. bases and aircraft carriers in the region were in range of its missiles.

Yemen’s Houthi group claimed responsibility for Saturday’s attacks that knocked out more than half of Saudi oil output or more than 5% of global supply, but U.S. Secretary of State Mike Pompeo said the assault was the work of Iran, a Houthi ally.

‘Oil price may rise’

The drone strikes on plants in the heartland of Saudi Arabia’s oil industry, including the world’s biggest petroleum processing facility, were expected to send oil prices up $3-$5 per barrel on Monday as tensions rise in the West Asia.