Houthi attacks on oil facilities should be of global concern: Saudi Aramco chief

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Saudi Arabia’s Aramco chief Amin Nasser said on Monday that escalating attacks by Yemen’s Iran-backed Houthis against oil installations in the Kingdom should be a global concern at a time when the oil market was tight.

“The message that came out highlighted that these types of attacks and that type of escalation during a time when the market is very tight is a real concern for the world for it will have — God forbid — if more escalations happen over time, it might have some impact on supply,” Nasser told an earnings webcast.

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He was referring to a statement that came out on state news agency SPA that Saudi Arabia would not bear responsibility for any shortage of supplies as a result of Houthi attacks.

Read more: Saudi Arabia not responsible for oil shortages in light of Houthi attacks: Official

Source: Alarabiya