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Chris Stephen
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Iran seeks to read Trump's mind

The devastating attacks on Saudi Arabia's oil sector have left the kingdom and its allies dazed

Saudi Arabia's oil production has been halved by Sunday's drone attack on its key processing facility at Abqaiq. But the real target is Donald Trump, and the Achilles heel of his Iran policy—his desire for low gasoline prices. Until the weekend, the White House had been celebrating the success of its reintroduction of Iran sanctions in May: Tehran's hydrocarbons exports have been savaged, its military threat in the Gulf contained, and the oil price had stayed low. Sunday's strikes on the Aramco-run oil-processing plant and nearby Khurais oil field changed all that. On Monday, Brent prices saw a 20pc spike, the biggest one-day jump since 1991, as analysts digested the loss of 5pc of total wor

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