Houthis attack Saudi oil heartland with drones, missiles

Announcing the attacks, the Houthis, who have been battling a Saudi-led coalition for six years, also said they attacked military targets in the Saudi cities of Dammam, Asir and Jazan.

The Saudi energy ministry said an oil storage yard at Ras Tanura, the site of an oil refinery and the world’s biggest offshore oil loading facility, was attacked with a drone coming from the sea. The defence ministry said the armed drone was intercepted and destroyed prior to reaching its target.

Shrapnel from a ballistic missile fell near a residential compound in Dhahran used by state-controlled Saudi Aramco, the world’s biggest oil company, the ministry said, adding that neither attack resulted in casualties or loss of property.

The attacks drove Brent crude prices above $70 a barrel to their highest since January 2020, while U.S. crude futures touched their loftiest since October 2018.

“Such acts of sabotage do not only target the Kingdom of Saudi Arabia, but also the security and stability of energy supplies to the world, and therefore, the global economy,” a ministry spokesman said in a statement on state media.

The Saudi-led coalition earlier said it intercepted 12 armed drones aimed at “civilian targets” without specifying a location as well as two ballistic missiles fired towards Jazan.