Crude oil prices have surged and broke the 120 US dollars level as reports of retaliatory missile and drone strikes by the Yemeni Armed Forces and allied fighters from Popular Committees against oil storage facilities in Saudi Arabia rekindled concerns over supply shortages. Brent light crude oil for May delivery ...
Top crude exporter Saudi Arabia announced a “temporary reduction” in oil output at a facility run by energy giant Aramco on Sunday, after Yemen’s revolutionaries launched several retaliatory attacks in the Saudi depth. A drone assault on the YASREF refinery, in the Yanbu Industrial City on the Red Sea, has ...
