October 21, 2021

Global News Archive

News archives from around the world.

Iran-Backed Houthi Rebels Say They Targeted Saudi Oil Port – The Wall Street Journal

1 min read

RIYADH, Saudi Arabia—Yemen’s Iran-aligned Houthi rebels said they attacked a major Saudi Arabian oil port on the Persian Gulf with drones and missiles on Sunday. Saudi authorities said the strike caused no casualties or damage.

The Saudi Energy Ministry said an assault “coming from the sea” had targeted petroleum tanks at the Ras Tanura port. It condemned what it called “repeated acts of sabotage and hostility” targeting energy supplies to the world.

“All indications point to Iran,” said an adviser to the Saudi royal court who said he was briefed on the matter. He said it wasn’t clear whether the origin was Iran or Iraq but that it hadn’t come from the direction of Yemen.

Iranian officials didn’t immediately respond to a request for comment. An Iraqi official said he was unaware of any connection between his country and the attack.

Oil prices rose after the market opened Sunday evening in New York following the attack. Brent crude, the global gauge of oil prices, added more than 2.5% and rose above $71 a barrel. Prices have surged to their highest level since May 2019, lifted by rising demand as the global economy reopens from shutdowns designed to stop the coronavirus and supply curtailments around the world.

Source Link

Leave a Reply

Copyright ©2016-2021 Global News Archive. All rights reserved.