Attacks on Saudi oil facilities could trigger more conflicts

The drone attacks on two Saudi Arabian oil facilities on Saturday could have serious regional and global consequences. The Saudi Arabian Oil Company (or Saudi Aramco) that was targeted is a global energy giant and perhaps the world's most valuable company.

The damage to its two facilities, the world's largest oil processing plant and a major oilfield, has reduced Saudi Arabia's oil output by half and compelled Riyadh and Washington to draw on their oil reserves, while sending shockwaves across the global oil markets and increasing oil prices.

The attacks have also dealt another serious blow to the already foundering world economy, prompting many to wonder what could be the real motive behind the attacks.