Fire at Saudi Arabia oil facility after drone attack | Business and Economy News

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Saudi Arabia condemns attack, saying it targeted ‘the security and stability of the world’s energy supplies’.

Saudi Arabia said drones struck an oil facility in the capital of Riyadh on Friday, igniting a fire at the installation.

The official Saudi Press Agency quoted an official in the energy ministry as saying the dawn attack caused no injuries or damage, and did not affect oil supplies.

“The Riyadh oil refinery was attacked by drones, resulting in a fire that has been brought under control,” the ministry said in a statement.

Earlier on Friday, Yemen’s Iran-aligned Houthi rebels reported they launched six drones at a facility belonging to Saudi Aramco, the kingdom’s oil giant that now has a sliver of its worth traded publicly on the stock market, in Riyadh.

Saudi Arabia condemned the attack saying the assault targeted “the security and stability of the world’s energy supplies”.

Aramco did not immediately respond to a request for comment but said it would do so “at the earliest opportunity”.

Saudi ‘aggression’

The Houthis have stepped up attacks into Saudi Arabia, the world’s top oil exporter, in recent weeks.

“Our armed forces carried out at dawn today an operation … with six drones which targeted the Aramco company in the capital of the Saudi enemy, Riyadh,” said Yahya Sarea, a Houthi military spokesman, without describing the targets he said were hit.

Sarea said operations against Saudi Arabia will continue and escalate as long as Saudi “aggression” against Yemen continues.

A Saudi-led coalition has been battling the Houthis since March 2015, months after the rebels seized Yemen’s capital, Sanaa. The war has ground into a stalemate since then, with Saudi Arabia facing international criticism for its air strikes killing civilians.

The United Nations has described the situation in Yemen as the world’s worst humanitarian disaster with mass hunger, disease, and poverty largely caused by the war.

Saudi Arabia says it intercepts most of the drones and missiles that the Houthis launch at airports, air bases and energy infrastructure, but some do inflict damage.

On March 7, the coalition said a barrage of drones and missiles were intercepted en route to targets including an oil storage yard at Ras Tanura, the site of a refinery and the world’s biggest offshore oil-loading facility.

A residential compound in Dhahran used by Saudi Aramco was also targeted.

Sarea warned “foreign companies and citizens” to avoid military sites and key infrastructure.





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