--
The Saudi government has confirmed that a ballistic missile has hit the Aramco oil plant in Dharan after a drone hit Ras Tanura port earlier - one of the world's largest oil shipping ports. Saudi officials say they intercepted the drone and missile attacks and the damage was minimal.
But the Houthis claim the destruction was substantial.
The Saudi-led coalition responded to the attacks by hitting Houthi rebel targets in Yemen's capital, Sanaa.
--
GR
FR
DE
ES
IT
RU
EU
Oil prices pressed higher Monday after strikes on major oil facilities in Saudi Arabia, the world’s largest oil exporter, shook energy markets already rattled by a decision by oil producers last week to not lift output.
ReplyDeleteBrent crude, the international standard, surpassed $70 per barrel for the first time in over a year, gaining $1.14 to $70.47 a barrel. It surged $2.62 on Friday.
Benchmark U.S. crude oil added $1.10 to $67.19 per barrel, up 1.7%, falling back from bigger gains earlier in the day. It jumped $2.26 to $66.09 per barrel on Friday.
Prices have been recovering in the past few months after plunging last year with the onset of the pandemic. ap