Emmanuel Macron could be the big loser from the Saudi drone attack
Saudis woke up last Saturday to find the crown jewel of their oil industry in smoke. The attack on the al-Abqaiq oil processing facility, allegedly conducted by cruise missiles and launched from a staging area inside Iran, resulted in the sharpest single-day increase in crude prices since the 1991 Gulf War. Saudi Arabia’s largest oil installation, however, wasn’t the only thing that went up in smoke last weekend. The volley of missiles screeching into Saudi airspace may have also ruined French president Emmanuel Macron’s attempt to deescalate tensions in the Persian Gulf and save the 2015 Iran nuclear deal from a slow and agonising death. The French president has been hard