Oil prices rise after Houthis claim attacks on Saudi energy facilities
Oil prices rose sharply after Yemen's Houthi rebels said they had carried out missile and drone attacks on targets in Saudi Arabia, including facilities linked to the state-run energy company Aramco. The claims added to already elevated concern about supply security in the Middle East, a region central to global crude flows. Brent crude, the international benchmark, climbed more than 3% and briefly moved above $108 a barrel before easing slightly.The Houthis said on Thursday that they had struck a "sensitive target" in Riyadh and Aramco facilities in the Red Sea city of Yanbu. In a statement carried by the... [Continue Reading]
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Saudi, Turkish and Pakistani chiefs plan urgent defence talks amid Yemen attacks
Saudi Arabia, Turkiye and Pakistan have announced plans for an urgent meeting of their chiefs of staff to discuss support for the kingdom under the Mecca Joint Defence Agreement. The move comes after Saudi Arabia reported a fresh wave of attacks from Yemen, including missiles launched towards Taif and Yanbu. The announcement followed a meeting on Thursday in New York between the three countries' foreign ministers.According to the Saudi Press Agency, the meeting brought together Saudi Foreign Minister Prince Faisal bin Farhan Al Saud, Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar, and Turkish Foreign Minister Hakan Fidan. The... [Continue Reading]
G7 warns Houthis to stop strikes on Saudi Arabia after attack on Riyadh
G7 leaders have called on Yemen's Houthi movement to stop attacks on Saudi Arabia and civilian shipping, after a renewed escalation that included a strike on Riyadh and reported Saudi strikes on Yemen's Mokha port. In a statement, the leaders urged the Houthis to immediately end military actions and threats against commercial vessels and to return to the political process in good faith. The appeal also came with a call for Iran to end its arming of and support for the group.The statement was issued by the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom and the United... [Continue Reading]

