Yemen rebels launch wide strikes on Saudi sites; no one hurt

The Associated Press ^ | March 20, 2022 | By ISABEL DEBRE

[Oldeconomybuyer]

DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels unleashed a barrage of drone and missile strikes on Saudi Arabia that targeted key facilities including natural gas and desalination plants early Sunday, Saudi state-run media reported, temporarily cutting oil production at one site.

The pre-dawn salvo marked the latest escalation in the rebels’ attacks on the kingdom as the war in Yemen rages into its eighth year and peace talks stall.

The attacks did not cause casualties, the Saudi-led military coalition fighting in Yemen said, but damaged nearby civilian vehicles and homes. In a separate incident, the coalition also said it destroyed a remotely piloted boat packed with explosives dispatched by the Houthis in the busy southern Red Sea.

Hours after oil giant Aramco’s CEO told reporters the attacks had no impact on oil supplies, the energy ministry acknowledged that a drone strike targeting the Yanbu Aramco Sinopec Refining Company caused “a temporary reduction in the refinery’s production.”

The disruption, coming as oil prices spike in an already-tight energy market, “will be compensated for from the inventory,” the ministry said in a statement, without elaborating.

[ConservativeInPA]

The AP and I must be diametrically opposed in thinking. My first question is: “Is oil or gas production limited?” (Not that I want the US to buy Saudi petroleum, but rather there is world petroleum market and the attacks could affect prices.) The AP answers the question that no one is hurt. I don’t give a damn about any camel humping moooslems.

[monkeyshine]

I said this on another thread. Threats against Mid-East oil, specifically by Iranian state sponsored terror groups, benefits Russia and Iran and harms the western world. I specifically mentioned Yemeni rebels as a threat that could send oil to $200. Just the threat is bad enough but anything that cuts supplies will do it.