Monday, 16 September 2019

Our reaction to the drone attacks


The drone attacks against the Saudi oil refineries brought a new level of danger and complication to the complex conflict involving, among others, Yemen, Iran and, of course, Saudi Arabia as well as an external actor such as the United States. 

The reactions we have seen in the key markets go beyond the oil supply issue. They indicate there is a deep concern about the crisis in that part of Middle East and its geopolitical consequences. 

I can understand the fears. Anything can happen. However, as long as there is a tiny hope of a summit between the US President and the Iranian one, I think we can expect our side to hesitate and avoid extreme actions. Am I right? I hope so. The opposite would take us into a much deeper conflict of unimaginable proportions.

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