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Houthis Say They Will Stop Saudi Attacks If Kingdom Agrees To Stand Down In Yeme

OilPrice.com Friday, 20 September 2019 ()
The attacks on Saudi soil with drones and ballistic missiles will stop, the Houthis have vowed, if Saudi Arabia will stop its airstrikes over Yemen, according to Bloomberg, who quoted Yemen Shiite Houthi rebel leader Mahdi al-Mashat, who spoke on Al Masirah TV. The Iran-backed Houthis have claimed ownership of the devastating attacks that crippled Saudi Arabia’s oil infrastructure over the weekend that took offline 5.7 million barrels per day—which is half of Saudi Arabia’s total oil production--sending oil prices sharply upward.…
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News video: It's Going To Take A Lot Longer To Repair Bombed Saudi Oil Works

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Saudi Aramco's facilities suffered devastating attacks last week. Business Insider reports that while repairs are in emergency mode, it could still be months before they are fully operational. Saudi officials and oil contractors say the estimate of 10 weeks that company executives have promised is...

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