WTI crude oil futures for January delivery grew by 1.82 %, to 43.19 dollars per barrel.

America, which has led the refining industry since the start of the oil age in the mid-nineteenth century, is facing the threat of being finally dethroned by China as early as next year, the publication reads.

They warned that the attacks would continue and advised foreign companies operating in Saudi Arabia to be careful.

Oliver Hermes called the probable extraterritorial sanctions an unacceptable interference with international law.