Saudis Vow To Protect Oil Facilities And Global Supply After Latest Attacks

Saudi Arabia will take the necessary measures to keep its oil resources and facilities safe and ensure the security of global oil supply, the Kingdom’s Foreign Minister, Prince Faisal bin Farhan, said on Wednesday, after the latest attacks on Saudi oil infrastructure. On Sunday, Yemen’s Houthi rebels said they had fired 14 drones and eight ballistic missiles at oil facilities at the Saudi port of Ras Tanura and military targets in three other Saudi cities. Oil prices spiked early on Monday as markets opened. For a brief period on Monday,…