NewsBite

Attack on key Saudi Arabian oil site sends Brent above $US70

London/Riyadh | Saudi Arabia says one of the most protected oil facilities in the world came under missile attack on Sunday (Monday AEDT), in a clear escalation of hostilities that sent crude prices surging.

The drone and missile attacks were intercepted and crude production appeared to be unaffected. But the latest in a spate of assaults claimed by Iran-backed Houthi rebels led oil prices to climb above $US70 a barrel for the first time since January 2020.

Loading...

Bloomberg

Read More

Latest In Middle East

Fetching latest articles

Most Viewed In World

    Original URL: https://www.afr.com/world/middle-east/attack-on-key-saudi-arabian-oil-site-sends-brent-above-us70-20210308-p578vi