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Politics : American Presidential Politics and foreign affairs

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To: ManyMoose who wrote (4501)	2/24/2006 12:07:56 PM
From: paret	Read Replies (1) of 71588

Attack Fails at Huge Saudi Oil Site AP for Yahoo News ^ \| February 24, 2006 \| Salah Nasrawi CAIRO, Egypt - Suicide bombers in explosives-laden cars attacked the world's largest oil processing facility Friday, but were prevented from breaking through the gates when guards opened fire on them, causing the vehicles to explode, officials said. The Saudi oil minister said the blast "did not affect operations" at the Abqaiq facility, denying an earlier report on Al-Arabiya television that the flow of oil was halted briefly after a pipeline was damaged. The facility "continued to operate normally. Export operations continued in full," the minister, Ali Naimi, said in a statement. The price of oil jumped by more than $1.20 on world markets as they heard of the attack. The April delivery price of Nymex sweet light crude, the U.S. benchmark, rose $1.26 to $61.80. The European benchmark, Brent crude, leaped $1.21 to $61.75 for April delivery. (Excerpt) Read more at news.yahoo.com ...

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