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22 Die in Attack on Saudi Oil Complex

HeadlineJun 01, 2004

In Saudi Arabia, 22 people were killed over the weekend after armed men took over a complex housing mostly foreign oil workers. 13 foreigners died in the initial attack, the others died when Saudi commandos raided the complex in an attempt to end the 25- hour siege. Somehow three of the four hostage takers escaped. One survivor said it appeared the Saudi police allowed them to flee after they threatened to blow up the building. Al Qaeda claimed responsibility for the attacks which have already had an effect on international oil markets. In Toyko the price of crude oil jumped 2 percent. This comes at a time that Saudi Arabia has vowed to increase output in an attempt to stabilize the cost of oil.

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