Yemen's Houthis Say They Hit Saudi Ras Tanura Oil Refinery with Missile
The group said the attacks caused fires and explosions as Saudi forces intercepted missiles and contained damage, officials and witnesses said.
- The Iran-aligned Houthis claimed ballistic missile strikes on Saudi Arabia's Ras Tanura oil refinery and the defence ministry in Riyadh on Tuesday, as explosions rocked the capital.
- These strikes follow weeks of escalating Houthi attacks against Saudi oil and civilian installations, including Riyadh's international airport, amid renewed fighting that has disrupted regional oil supplies since the Iran war began.
- Saudi Civil Defence reported shrapnel from two intercepted ballistic missiles caused material damage in Riyadh, while maritime security agency Vanguard confirmed a contained fire near the 550,000 barrel-per-day Ras Tanura refinery.
- Oil prices rose on Wednesday after the attack renewed concerns regarding risks to supply in the Middle East, with Brent crude futures increasing 1.3% as West Texas Intermediate crude rose 1.22%.
- Meanwhile, Mohammed Ali, a member of the Houthi political bureau, accused Egypt of effectively declaring war on Yemen, while The OPEC countries are expected to maintain steady output targets on Sunday.
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Saudi Oil Refinery Targeted As Crude Tops $115; Russian Satellites Linked To 40 Iran-Backed Attacks
Global oil prices surged Wednesday after Iran-backed Houthi rebels claimed responsibility for a missile strike against Saudi Arabia's largest oil refinery, as a separate investigation revealed evidence that Russian reconnaissance satellites may have helped Iranian-backed militias target dozens of strategic facilities across the kingdom.
Oil Tops $115 After Houthis Claim Strike on Saudi Arabia's Largest Refinery
by Carl Fox at CDN - Brent crude rose above $115 a barrel Wednesday after Yemen's Houthis said they hit Saudi Arabia's Ras Tanura refinery with a missile, a claim Saudi authorities had not confirmed. Click to read the rest HERE-> Oil Tops $115 After Houthis Claim Strike on Saudi Arabia’s Largest Refinery first posted at Conservative Daily News
Oil up over 1% as Saudi Arabian refinery attack reignites supply risk concerns
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