Oil Prices Surge After Houthi Missile Attacks On Riyadh, Aramco Facilities

Michele Moreno
April 12, 2018

Earlier this month, a Saudi oil tanker was targeted by the Houthi movement off Yemen's port of Hodeidah, sustaining minor damages and completing its course north.

Saudi Arabia's air defense forces "intercepted a missile in the skies over Riyadh" Wednesday, Saudi-owned Al-Arabiya television reported, after blasts were heard in the city.

They have frequently claimed attacks, including on Aramco facilities, that Saudi Arabia and its main ally the United Arab Emirates have either said did not happen or were intercepted.

An Israeli military construction vehicle next to the security fence in northern Gaza was the target of an attempted.

Last month, one man was killed in Riyadh by debris after the military shot down a flurry of missiles, the first casualty of the Yemen war in the Saudi capital.

In a statement, the Saudi-led coalition fighting the Houthis in Yemen said it downed a drone targeting an airport in the southwestern province of Abha and another in Jazan.

Al Masirah also reported the Houthis fired missiles at oil storage facilities belonging to Saudi oil giant Aramco in the provinces of Najran and Jizan.

There was no immediate comment from the government on the source of the rocket.

The missile is thought to have been fired by Houthi rebels in Yemen, who a Saudi-led coalition has been bombing since March 2015, when it intervened in support of ousted President Abdrabbuh Mansour Hadi in an effort to prevent Houthis from maintaining the capital of Sanaa.

The coalition has launched thousands of air strikes which have hit schools, markets and hospitals, killing hundreds of people - though it says it does not target civilians.

Al-Arabiya quoted al-Malki as describing the drone over Abha airport as a "hostile Houthi aircraft with Iranian characteristics".

The kingdom accuses Iran of supplying missile parts and expertise to the Houthis.

Other reports by Insurance News

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