On the 25th in Saudi Arabia, an oil facility was set on fire after being attacked by rebels in neighboring Yemen.
If the attack escalate as crude oil prices soar against the backdrop of Russia's military invasion of Ukraine, it could lead to further price increases.
The Saudi Arabian government announced on the 25th that the petroleum product distribution facility of Saudi Aramco, a state-owned oil company in western Jeddah, was attacked by the Houthis rebels in neighboring Yemen.
In the video from the site, you can see the black smoke rising high in the sky from the facility along with the red flame.
The attack burned two tanks and also damaged an oil facility in southern Jazan.
The conflict between the two sides has continued since Saudi Arabia's military intervention in the Yemeni civil war seven years ago, and the Houthis acknowledged the attack and warned that it would "continue to attack until Saudi Arabia stopped intervening." ..
In response, Saudi Arabia issued a statement accusing the attack of threatening the world's energy supply.
Escalating attacks could lead to further price increases as crude oil prices soar against the backdrop of Russia's military invasion of Ukraine.