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Saudi Arabia has been criticised over its call for an international investigation into the attacks on its oil facilities after previously rejecting UN investigations into Yemen and the Khashoggi murder.
Saudi Arabia might have to put a much anticipated IPO of Aramco on hold after strikes on its oil infrastructure.
Escalating tensions and hints at conflict between the US and Iran over the attacks on Saudi state oil infrastructure have prompted calls for restraint from EU and Russian officials.
Markets saw the biggest percentage value jump in Brent crude since the lead up to the 1991 Gulf War, after attacks on oil processing plants in Saudi Arabia.
A Houthi spokesman has warned that further attacks on Saudi Aramco plants could take place at 'any moment,' warning foreigners to evacuate target areas.
US Secretary of State Mike Pompeo has accused Iran of responsibility for two crippling attacks on oil facilities in eastern Saudi Arabia.
Iraq has rejected reports it was in any way involved in drone attacks on Saudi Aramco oil facilities, after US' Mike Pompeo suggested the assault was not launched from Yemen.
Saudi Arabia's flow of oil has been disrupted after Aramco was hit with drones in an attack that was claimed by the Houthi rebels.
Yemen's Houthi rebel movement claimed a drone attack on two Saudi Aramco oil facilities that sparked huge fires early on Saturday.
Drone attacks sparked fires at two Saudi Aramco oil facilities early on Saturday, the interior ministry said.