Tuesday's events come on the heels of two Saudi oil tankers being among four vessels that were targeted in an unspecified "sabotage attack" on Sunday off the United Arab Emirates coast of Fujeirah - as well as Tehran announcing last week it would breach the 2015 Iran nuclear deal and return to higher levels of uranium enrichment if Europe doesn't protect it from the impact of the USA sanctions.
Falih described the incident as an "act of terrorism (...) that not only targets the kingdom but also the security of oil supplies to the world and the global economy" and said it reaffirmed the need of the worldwide community to confront the activities of Iranian-backed terrorist groups like the Houthis.
Saudi Aramco, the world's biggest oil exporter, said that supplies of crude and products continued "normally without interruption", the official Saudi Press Agency reported, citing the energy ministry.
The pipeline that runs from the kingdom's oil-rich Eastern Province to a Red Sea port was shut down, but Saudi Energy Minister Khalid al-Falih Al-Falih vowed that the production and export of Saudi oil would not be interrupted.
The Trump administration has pledged to reduce Iran's oil exports to "zero" after it cancelled the sanctions exemptions granted to eight countries that depend on Iranian oil.
In a mysterious "sabotage attacks", two of Saudi Arabia's oil tankers yesterday suffered "significant damages' near the territorial waters of the United Arab Emirates".
At present, most Saudi exports are loaded onto tankers at terminals on the kingdom's Gulf coast and must pass through the Strait of Hormuz.
Oil prices rose on news of the attack on the Saudi pumping stations, more than 200 miles (320 km) west of the capital Riyadh.
The U.S. supports Saudi Arabia and its allies in the war against the Houthis, despite criticism that Saudi-led coalition airstrikes have killed civilians.
The images, provided on Tuesday by Colorado-based Maxar Technologies, show the oil tankers.
The conservative premier said that Paris was "extremely determined" to adhere to global rules related to arms sales and had "intensified" its exports controls regime.
The market was also holding out some hope for flagging U.S.
The assessment, while not conclusive, was the first suggestion by any nation that Iran was responsible and comes after a series of United States warnings against aggression by Tehran or its allies and proxies against military or commercial vessels in the region, reports Efe news.
America's Government has warned ships that "Iran or its proxies" could be targeting maritime traffic in the region, and the U.S. has moved additional ships and aircraft into the region.
Britain warned of the danger of conflict erupting "by accident" in the Gulf, as Tehran distanced itself and called for an investigation into the "alarming and regrettable" attacks.
Iran has repeatedly threatened to close the strait in case of a military confrontation with the US. An unidentified group reportedly sabotaged two of its oil tankers off the coast of the United Arab Emirates. "There is no concrete data, and until now, we still have no images showing the damage clearly", she told Asia Times.
Some unidentified drones attacked Saudi Arabia's Aramco pumping stations.