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Wall Street shares markets open lower after Saudi Aramco attack

2019-09-16 02:28 pm | Resource: News | No Views : 20

 US markets open lower after Saudi Aramco attack

Shares on Wall Street began the first trading session of the week low after an attack on two facilities of Saudi Aramco, cutting the oil giant's production in half. The United States accuses Iran of being behind the attack, while Tehran has denied the allegations. It is reported that the incident will delay the initial public offering of Aramco. At the same time, more than 49,000 GM workers began a strike over a contract dispute.

Trump: We'll see if Iran is lying again

Worldwide, US President Donald Trump hinted in a tweet on Monday that Iran could deliberately mislead the international public again after Tehran denied responsibility for drone strikes on Saudi Aramco. "Remember when Iran shot down a drone, saying knowing that it was in its" airspace "when, in fact, it was not close to it. On Saudi Arabia, will we see? ”Wrote the US president.
  • Earlier in June, Iran shot down a US drone that it allegedly violated its airspace.

Saudi Arabia calls Iran a potential culprit for Aramco attacks

A Saudi-led coalition spokesman in Yemen said on Monday that an ongoing investigation into several drone attacks on Saudi Aramco facilities indicated that the weapons used came from Iran, not Yemen. The spokesman said the allegation was based on "preliminary indications", noting that the final outcome had not yet been reached as authorities were continuing to study the origin of the attack.

This latest allegation is in line with Iraqi intelligence, which claimed earlier today that Iranian forces launched drone attacks from bases of the Iraqi Popular Mobilization Forces, also known as the Popular Mobilization. Tehran immediately denied the allegation. Iranian Foreign Ministry spokesman Abbas Mousavi said the US policy of "maximum pressure" had failed and that the country was now turning into a "policy of maximum lies."
  • The Dow Jones Industrial Average fell 0.27% at the opening bell as Green Boots Alliance lost 1.14%.
  • Meanwhile, the Nasdaq and S&P 500 fell 0.75% and 0.37% respectively. American Airline was the worst performer in both indices, falling 5.54%.

The euro fell 0.48% against the dollar to $ 1.10219 at 9:29 am, while the pound was down 0.38% to $ 1.24523 at a time.


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