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Automatic TRANSCRIPT

Well tensions are high after to tack on a Saudi oil processing center the United States Iran trading blame over this we get an update now from CBS and Matt Piper the White House is not ruling out a potential meeting between president trump and Iranian president Hassan Rouhani even after Washington accused Iran of being behind drone attacks on Saudi oil facilities this weekend Iran denies the allegations made by secretary of state Pompeii that it was behind the attacks on the oil industry congressman Adam Schiff was on face the nation I think it underscores just what we really frankly came to expect from this unending war in Yemen that would escalate tensions in the region he says diplomacy with Iran is the only way out of the situation CBS news military analyst my clients this is going to cause countries in the Middle East to rethink some of their defense budget Saudi Arabia for example spends about sixty seven billion dollars annually on defense and yet a very low grade weapon platform like these drones were used to destroy a very significant commercial plant there after the Jack Saudi Arabia stock market fell by two point three