The billions of dollars Saudi Arabia spends on defense failed to prevent the strikes on its most critical refineries, sending oil prices soaring. This raises unsettling questions about who has the most to gain from the disruption. The Saturday attacks caused the steepest crude spike in 30 years. Around 5.7 million barrels of daily crude output have been wiped out, which is more than half of the kingdom’s daily exports and five percent of the world’s oil supply. Washington and Riyadh have blamed Iran for the attacks on the facilities. US officials say the attacks might have involved a combination of drones and cruise missiles. However,
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