Saudi oil attack set to hike global energy bills

Aftermath: Smoke is seen at the facility in the city of Abqaiq, Saudi Arabia, after it was attacked. Photo: Reuters

Donal O’Donovan and Charlie Weston

An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years is set to drive a hike in energy costs and roiled markets yesterday.

The drone attack was carried out with Iranian weapons, a Saudi-led coalition said on Monday, as US President Donald Trump said Washington was “locked and loaded” to hit back.