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Drone attacks Saudi oil refinery in Riyadh

A drone has attacked an oil refinery in Riyadh, Saudi Arabia’s capital, on Friday.

According to the Saudi energy ministry, the attack happened at 6:05am Saudi time and has been brought under control.

In a statement by the ministry’s spokesman, he called the attack a “cowardly act” and expressed the Kingdom’s strong condemnation.

“Saudi Arabia asserts that such acts of terrorism and sabotage, repeatedly committed against vital installations and civilian facilities — the last of which was the attempt to target the Ras Tanura refinery and Saudi Aramco’s residential area in Dhahran — do not target the Kingdom alone, but more broadly the security and stability of energy supply to the world, as well as the global economy,” the statement read.

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The new attack is expected to drive the prices of crude oil higher after a five-day consecutive declines on Thursday. The last attack in March, saw oil prices hitting $70.

On March 7, a petroleum tank farm at Ras Tanura, one of the world’s largest oil shipping ports, was targeted by a drone coming from the sea.

Shrapnel from a ballistic missile also fell near Saudi Aramco’s residential area in Dhahran where thousands of the company’s employees and their families live. The attack has been claimed by Huthi, a rebel group from Yemen.

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