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Smoke billows from an Aramco oil facility in Abqaiq, Saudi Arabia, after the attacks. Photo: AFP/Getty Images

The Pentagon is preparing to release a report on the perpetrator of the attacks against Saudi Arabian oil facilities by Thursday, a U.S. defense official told Bloomberg.

Why it matters: Even though Yemen's Iranian-backed Houthi rebels have claimed responsibility, American and Saudi officials have alleged that Iran carried out the attacks.

  • The U.S. produced satellite images that it claimed provided evidence that the attacks originated in Iran or Iraq. Secretary of State Mike Pompeo went one step further, tweeting, "Iran has now launched an unprecedented attack on the world's energy supply."
  • The Saudi-led coalition fighting in Yemen said the attacks used Iranian weaponry and did not originate from Yemeni soil.

The big picture: "The satellite photos alone are not enough to support American claims that the strikes appeared to have come from the direction of Iran or Iraq," reports the New York Times, which also notes that the weapons are of a greater level of sophistication than what has previously been used by rebels in Yemen.

The other side: Iran has denied any involvement in the attacks, accusing the U.S. and Saudi Arabia of spreading misinformation.

  • Iranian Foreign Minister Mohammad Javad Zarif tweeted, "Having failed at 'max pressure,' @SecPompeo's turning to 'max deceit.' U.S. & its clients are stuck in Yemen because of illusion that weapon superiority will lead to military victory. Blaming Iran won't end disaster. Accepting our April '15 proposal to end war & begin talks may."

Go deeper ... Saudi oil sites hit by drone strikes: U.S. blames Iran

Go deeper

1 hour ago - Health

U.S. surpasses 25 million COVID cases

A mass COVID-19 vaccination site at Dodger Stadium on Jan. 22 in Los Angeles, California. Photo: Mario Tama/Getty Images

The U.S has confirmed more than 25 million coronavirus cases, per Johns Hopkins data updated on Sunday.

The big picture: President Biden has said he expects the country's death toll to exceed 500,000 people by next month, as the rate of deaths due to the virus continues to escalate.

GOP implosion: Trump threats, payback

Spotted last week on a work van in Evansville, Ind. Photo: Sam Owens/The Evansville Courier & Press via Reuters

The GOP is getting torn apart by a spreading revolt against party leaders for failing to stand up for former President Trump and punish his critics.

Why it matters: Republican leaders suffered a nightmarish two months in Washington. Outside the nation’s capital, it's even worse.

Erica Pandey, author of @Work
6 hours ago - Economy & Business

The limits of Biden's plan to cancel student debt

Data: New York Fed Consumer Credit Panel/Equifax; Chart: Axios Visuals

There’s a growing consensus among Americans who want President Biden to cancel student debt — but addressing the ballooning debt burden is much more complicated than it seems.

Why it matters: Student debt is stopping millions of Americans from buying homes, buying cars and starting families. And the crisis is rapidly getting worse.