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Attack Increases Doubts About Saudi Ability to Pump More Oil

The latest attack on foreign residential and office complexes in Saudi Arabia has ratcheted up concern over the nation’s ability to increase oil production at a time when global petroleum supplies are becoming increasingly sensitive to any disruptions. The attack had no immediate effect on Saudi Arabia’s production and transportation of oil. Still, its violent outcome, including the killing of least 22 people and a commando raid freeing dozens of foreign hostages, illustrated how terrorists penetrated a center of the Saudi oil industry. “The attack was orchestrated to display that the royal family cannot maintain security in the heart of its own oil patch, and in that sense they succeeded,” said Jean-François Seznec, an authority on Saudi Arabia and a professor at Columbia University. Full Story

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