Yemen’s Houthi rebels took credit for targeting oil facilities in a drone attack that reportedly forced half of Saudi Arabia’s oil supply to shut down Saturday.
Ten drones struck two state-owned Saudi Aramco oil facilities, one of which is the world’s largest oil plant, in Saudi Arabia’s Eastern Province, according to people familiar with the attack, The Wall Street Journal reported.
Fires the strikes caused disrupted the production of 5 million barrels of oil per day, or about 5% of the daily global oil supply, which officials hope to restore by Monday, sources said. Saudi Arabia’s regular production level is 9.8 million barrels a day, CNN Business reported. More
Now there’s speculation of oil prices topping $100 a barrel. More