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Days after the bold bid to attack the largest Saudi
processing facility in Abqaiq, security forces shot dead 5
suspected terrorists holed up in an upscale locality of
capital Riyadh. Police said that they tracked the terrorist
down based on surveillance camera footage taken minutes
before the attack at Abqaiq. When the house they were hiding
in was besieged, the occupants opened fire and the resultant
2-hour shootout left all residents dead. The Al Qaeda had
taken responsibility for the incident on the facility that
processes 2/3 of Saudi exports. Located in the majority Shia
east, Abqaiq has been described by security strategists as
"the most spectacular target." Although oil production has
not been affected, prices have gone up by 10%. Security
experts have warned of more attacks on oil and economic
targets to puncture global economic growth.
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