Last week’s strike on Saudi Arabia’s crude oil capacity shook energy markets. Saudi Aramco’s (ARMCO) largest oil processing facility was attacked by a combination of drones and cruise missiles resulting in 5.7 million bpd of crude oil production going off-line – or over half of Saudi Arabia’s and a little over 5% of global oil production. Since then, 2 million bpd was restored with Saudi Aramco estimating that by the end of September production will return to pre-strike levels. And by the end of November, Aramco expects capacity to be back to 12 million bpd.