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Saudi Arabia says Ras Tanura oil terminal unscathed by drone attack

Saudi oil ministry confirms that an oil storage facility at state-controlled Saudi Aramco’s Ras Tanura loading terminal was targeted by a drone ‘coming from the sea’ and that a ballistic missile was later launched at Aramco facilities in Dhahran

The latest in a spate of assaults claimed by Houthi rebels from Yemen has driven the price of crude to a 14-month high, which is now hovering around $70 per barrel. Last week’s surprise decision by Opec+ to keep oil production quotas largely unchanged for April has given a further boost to prices

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