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Energy prices spike after attack on oil facilities in Saudi Arabia
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Energy prices spike after attack on oil facilities in Saudi Arabia 

An attack over the weekend which destroyed many key oil facilities in Saudi Arabia has “caused the worst disruption to world supplies on record,” reports CityNews.

The attack stopped the production of 5.7 million barrels of crude oil being produced per day, over half of Saudi Arabia’s global daily exports, and set the world back by 5 percent of daily crude production.

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