Yemen’s Houthi rebels have attacked an oil depot in Jeddah, Saudi Arabia’s state-owned oil company Aramco.
It has long been a target of Houthis.
On Friday (March 25th), Houthi military spokesman Yahya Saria said the group had launched an attack on an Aramco installation with missiles and another oil refinery, including Ras Tanura, with drones. Yahya confirmed the attack in a tweet.
The United States, meanwhile, has condemned the Houthi attack.
Earlier, Houthi rebels attacked several Saudi installations.
Saudi Arabia’s state-owned oil company Aramco recently announced an increase in investment in energy production. The announcement was made by one of the largest companies in the world after the news of double the profit came out last year.
As the supply of oil and gas falls short of demand, global fuel prices have been rising recently. Then came the Russia-Ukraine war. The United States has imposed sanctions on Russia over its energy supplies to Ukraine. This has put pressure on Western leaders to find alternative sources to reduce their energy dependence on Russia.