Two injured as Saudi Arabia intercept Houthi missile and drones fired at oil region

Saudi Arabia intercepted a ballistic missile and armed drones fired at its oil-rich Eastern Region by Yemen’s Houthi group on Saturday, and two children were injured by the resulting shrapnel, the ministry of defence said. The Houthi movement, which has been at war against a Saudi-led coalition in Yemen since 2015, claimed responsibility for the… Read More Two injured as Saudi Arabia intercept Houthi missile and drones fired at oil region

Global oil prices surge following attacks on Saudi Arabia’s Aramco oil plants

An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition said on Monday, as President Donald Trump said the United States was “locked and loaded” to hit back. The Iran-aligned Houthi group that controls Yemen’s capital claimed responsibility for… Read More Global oil prices surge following attacks on Saudi Arabia’s Aramco oil plants

Crude flows disrupted following Houthi drone attacks on Saudi oil plants

Yemen’s Iran-aligned Houthi group on Saturday attacked two plants at the heart of Saudi Arabia’s oil industry, including the world’s biggest petroleum processing facility, in a strike that three sources said had disrupted output and exports. Two sources close to the matter said 5 million barrels per day of crude production had been impacted, close… Read More Crude flows disrupted following Houthi drone attacks on Saudi oil plants