Saudi Arabia says not responsible for high oil prices since Houthi attacks hit kingdom's production

AP , Monday 21 Mar 2022

Saudi Arabia says it “won't bear any responsibility for any shortage in oil supplies to global markets'' after attacks by Yemen's Iran-backed Houthi rebels affected the kingdom's production.

File Photo: Illustrative: A damaged silo at the Saudi Aramco oil facility after a Houthi drone attack in Saudi Arabia s Red Sea city of Jeddah, November 24, 2020. AFP

Saudi Arabia made the announcement in a statement on Monday carried by the state-run Saudi Press Agency.

It quoted the Foreign Ministry as saying that ``the international community must assume its responsibility to maintain energy supplies'' in order to ``stand against the Houthis.''

On Sunday, Yemen's rebels launched a series of attacks targeting the kingdom's oil and natural gas production.

Benchmark Brent crude oil stood at over $112 a barrel in trading Monday.

Short link: