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(Washington Examiner) Mark Dubowitz and Brenda Shaffer - From a single attack by the Islamic Republic of Iran on Saudi Arabia's main oil processing facilities, the global oil market lost more supply on Saturday than on any single day in its recorded history. Saudi Arabia's critical infrastructure is vulnerable, a weakness common to many other oil installations around the globe. At times, previous administrations have tolerated Iran's provocations in the Gulf, hoping restraint would prevent a direct conflict. It never worked then and is not working now. During the last six months, Iran has attacked vessels in the Gulf and made transit insecure. Tehran remains undeterred. The U.S. and its allies should therefore expect more attacks. Mark Dubowitz is CEO of the Foundation for Defense of Democracies. Prof. Brenda Shaffer is an international energy expert.2019-09-18 00:00:00Full Article
Stand Up to Iran's Oil Market Terrorism
(Washington Examiner) Mark Dubowitz and Brenda Shaffer - From a single attack by the Islamic Republic of Iran on Saudi Arabia's main oil processing facilities, the global oil market lost more supply on Saturday than on any single day in its recorded history. Saudi Arabia's critical infrastructure is vulnerable, a weakness common to many other oil installations around the globe. At times, previous administrations have tolerated Iran's provocations in the Gulf, hoping restraint would prevent a direct conflict. It never worked then and is not working now. During the last six months, Iran has attacked vessels in the Gulf and made transit insecure. Tehran remains undeterred. The U.S. and its allies should therefore expect more attacks. Mark Dubowitz is CEO of the Foundation for Defense of Democracies. Prof. Brenda Shaffer is an international energy expert.2019-09-18 00:00:00Full Article
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