The geopolitical situation in the Middle East has shown signs of tension again.
According to the Russian Satellite News Agency, on the 12th, the Houthi armed forces in Yemen claimed to have used 17 drones to launch attacks on targets in Saudi Arabia, including 10 drones. Attacks on Saudi Aramco’s refineries in Jeddah and Jubail.
In addition, the Houthi armed forces in Yemen said they also used two ballistic missiles against Saudi Arabia.
Previously on the 11th, the Houthi armed forces claimed to have used two drones to attack King Khalid Air Base and Jizan Airport in southern Saudi Arabia. According to a notice issued by the Saudi-led multinational coalition command on the 11th, the coalition shot down five drones carrying explosives that day.
Although Houthi attacks on Saudi Arabia rarely cause loss of life or cause widespread destruction, they have increased in frequency in recent months.
After the Houthi armed forces released the news, international oil prices began to move out of the previous shock range and rebounded significantly. Before the US market, WTI crude oil rose by 2% during the day, and Bren Special crude oil also rose more than 1.7%.
In addition, oil exporter Saudi Arabia will meet the needs of most Asian customers for oil shipments in May, sources said on Monday.
Previously, some customers had requested supply cuts due to refinery maintenance and rising oil prices. In the next few months, Saudi Arabia is scheduled to gradually cease additional voluntary production cuts in accordance with the plan reached by oil-producing countries such as OPEC and Russia. Some Japanese refiners have asked for supply cuts. Saudi Aramco did not comment on its supply allocation or the reductions requested by some customers.
However, the rising number of new coronavirus infections in some countries has limited the upside of oil prices. </p
