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Oil Prices Surge After Houthi Missile Attacks On Riyadh, Aramco Facilities
Oilprice.com ^ | 04-11-2018 | Para

Posted on 04/11/2018 9:09:23 AM PDT by bananaman22

Yemen’s rebel Houthi movement launched earlier on Wednesday drone strikes on a Saudi Aramco facility and on an airport in Saudi Arabia, Houthi-owned Al-Masirah TV channel reported on Wednesday.

Aramco says that its plants are operating normally and safely, Reuters reports.

The Iran-aligned Yemeni rebels, who have been fighting a Saudi-led Arab coalition in Yemen since 2015, said that they targeted on Wednesday morning local time the Abha airport in Asir and Aramco in Jazan, according to the Houthis’ Al-Masirah outlet.

Saudi Aramco has a 400,000-bpd refinery in Jazan in the country’s southwest. The refinery is part of a project for a Jazan Economic City that will also contain a terminal.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy; Military/Veterans; Politics
KEYWORDS: conflict; energy; hassannasrallah; hezbollah; houthi; hydrocarbons; iran; lebanon; maga; oil; opec; riyadh; saudiarabia; yemen

1 posted on 04/11/2018 9:09:23 AM PDT by bananaman22
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To: bananaman22

Oh, please.....................


2 posted on 04/11/2018 9:11:03 AM PDT by Red Badger (The people who call Trump a tyrant are the same people who want the president to confiscate weapons.)
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To: bananaman22

Leave it to the Yemeni rebels to attack a facility (refinery) that is specifically designed to not explode.


3 posted on 04/11/2018 9:14:04 AM PDT by buffaloguy (Bond arms Cowbots well as s)
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To: bananaman22
Iran putting their Nuke Deal ObamaBucks to practical use.
4 posted on 04/11/2018 9:14:25 AM PDT by rdcbn
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To: bananaman22

Yawn.

Ninety minutes ago, oil prices surged because of Trump’s tweets.

http://www.freerepublic.com/focus/f-bloggers/3646656/posts


5 posted on 04/11/2018 9:15:54 AM PDT by treetopsandroofs
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Before I die, I would like to see a new energy source that makes every cubic centimeter of oil under the middle east absolutely worthless


6 posted on 04/11/2018 9:38:54 AM PDT by dsrtsage (For Leftists, World History starts every day at breakfast)
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To: Red Badger

“Houthi-owned Al-Masirah TV channel reported on Wednesday.”


7 posted on 04/11/2018 9:42:53 AM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: SunkenCiv

8 posted on 04/11/2018 9:45:04 AM PDT by Red Badger (The people who call Trump a tyrant are the same people who want the president to confiscate weapons.)
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To: Red Badger

:^D


9 posted on 04/11/2018 9:49:42 AM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: buffaloguy

who cares if the plant doesn’t explode. the real damage is intended for the financial markets and the oil price (though
that increase is helpful to the Saudis).


10 posted on 04/11/2018 9:50:24 AM PDT by RitchieAprile
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To: bananaman22

Aramco is supposed to have its IPO maybe later this year, and is said to be the most valuable company on the planet at some $2 Trillion.


11 posted on 04/11/2018 12:49:41 PM PDT by Thistooshallpass9
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