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Oil prices surge 20% on Monday open Drone attack wipes off 5.7 million barrels of Saudi oil production US administration blames Iran for the attack This week was supposed to be centered on monetary policy decisions from the US, UK, Japan and Switzerland central banks, Brexit negotiations and developments in US-China trade talks. However, the weekend’s drone attacks on Saudi Arabia’s critical crude processing plant have now taken the spotlight. Such an event may have far more catastrophic consequences on the world economy than any other event which has occurred over the... Read More

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