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

Saudi Arabia to increase crude supply in oil standoff with Russia

Saudi Arabia will raise its crude supply to a record high in April, the kingdom announced on Tuesday, as it ratcheted up a standoff with Moscow over market share and appeared to reject Russian overtures for new talks. The clash of oil titans Saudi Arabia and Russia sparked a 25% slump in crude prices on… Read More Saudi Arabia to increase crude supply in oil standoff with Russia