Repairs to Saudi Oil Production May Take ‘Many Months’: WSJ

Satellite image showing plumes of smoke from the Abqaiq oil plant following a drone strike.

Source: Planet Labs Inc.

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Full repairs to the attacked Saudi oil fields may take “many months,” not the 10 weeks that the nation has promised, the Wall Street Journal reportedBloomberg Terminal.

The report depicted desperation in Saudi Arabia, more than a week after the attack on the nation’s largest oil-production areas. Officials appear optimistic publicly but are privately in emergency talks on how to repair damage that could cost hundreds of millions of dollars, the report said.