Attacks on Saudi oil facilities knock out half the kingdom's supply


  • World
  • Saturday, 14 Sep 2019

Smoke is seen following a fire at an Aramco factory in Abqaiq, Saudi Arabia, September 14, 2019 in this picture obtained from social media. VIDEOS OBTAINED BY REUTERS/via REUTERS

RIYADH/DUBAI/LONDON (Reuters) - Yemen's Iran-aligned Houthi group said it attacked two plants at the heart of Saudi Arabia's oil industry on Saturday, knocking out more than half the Kingdom's output, in a move expected to send oil prices soaring and increase tensions in the Middle East.

The attacks will cut the kingdom's output by 5.7 million barrels per day (bpd), according to a statement from state-run oil company Saudi Aramco, or more than 5% of global oil supply.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Russian forces attack Ukraine's Kharkiv region, opening new front
Trump arrives at hush money trial as prosecutors prepare for final witnesses
Mozambique's president says northern town under Islamist attack
Casualties reported in Chad from gunfire celebrating junta leader's victory
Turkey reopens ancient church with prized mosaics to Muslim worship
Indigenous groups claim stake in sunken Spanish ship, cargo off Colombia
Greece to bring in Egyptian farm workers amid labour shortage
Opposition leaders in India's Kashmir accuse government of sabotaging their campaigns
India's opposition jubilant as Modi critic Kejriwal gets bail to campaign in elections
Polish PM reshuffles cabinet ahead of European elections

Others Also Read