Drona strikes at two large oil refineries in Saudi Arabia by Houthi rebels.
|Drona strikes at two large oil refineries|
|The Houthi rebels have claimed responsibility for this attack|
These oil refineries belong to state-owned Aramco. One refinery is 60 km southwest of Saudi Arabia's eastern province of Dhahran, in Baqiq, while the second refinery is in Khuras, 200 kilometers from Dhahran. This move of Houthi rebels has caused a huge economic loss to the government.
Everyone is accusing each other
Such incidents have increased in the Gulf countries for the right to crude oil. Everyone is accusing each other. Houthi rebels also carried out a similar attack on the site of Shaybah Natural Gas last month.
|Everyone is accusing each other|
In the month of May, other oil companies were also attacked by the Houthi rebels. The Houthi rebels were helped from Iran. Houthi rebels are fighting Yemen's government and Saudi-led military forces.There has been a war in Yemen since 2015. In 2015, the then President of Yemen, Abdrabuh Mansoor Hadi, was forced by the Houthi rebels to leave the capital Sanaa. Saudi Arabia is supporting Hadi and is fighting against Houthi rebels with the army of neighboring countries under its leadership.
The Saudi-led military coalition carries out air strikes against the Houthi rebels in Yemen every day. On the other hand, the Houthi rebels also carry missiles in Saudi. This action-reaction game has become common here. There is tension in this area due to increasing rivalry between Saudi and Iran.
Aramco is the key to treasure
|This company is the golden hen for Saudi Arabia|
Aramco made $ 111 billion last year. This company is the golden hen for Saudi Arabia. Moody's says that the bulk of Aramco's earnings come from oil production. Aramco has some of the largest oil fields in the world and has been found to have very low prices.
This company was founded by the American Oil Company. Aramco's full name is 'Arabic American Oil Company'. This company was nationalized by Saudi in the 1970s.
When Aramco's earnings figures were published, analysts said it was a $ 1.5 trillion company. However, Crown Prince Salman wants Aramco to be a two trillion dollar company.