Saudi Arabia says Yemen rebels target its energy facilities
2 years, 9 months ago

Saudi Arabia says Yemen rebels target its energy facilities

The Hindu  

Yemen’s Houthi rebels unleashed a barrage of drone and missile strikes on Saudi Arabia early Sunday that targeted a liquified natural gas plant, water desalination plant, oil facility and power station, Saudi state-run media reported. The attacks also came as Saudi Arabia's state-backed oil giant Aramco announced that its profits surged 124% in 2021 to $110 billion, a big jump fueled by renewed anxieties about global supply shortages, soaring oil prices and a recovery in fuel demand from the pandemic. Aramco, also known as the Saudi Arabian Oil Co., released its earnings report on the heels of weeks of intense volatility in energy markets triggered by Russia’s invasion of Ukraine. Yehia Sarie, a spokesman for Yemen’s Iran-backed Houthi rebels said the group had launched “a wide and large military operation into the depth of Saudi Arabia," without immediately elaborating.

History of this topic

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