In what has been called a failed assault on global energy security, Yemen’s Houthis forces fired drones and missiles at the heart of Saudi Arabia’s oil industry on Sunday, including a Saudi Aramco facility.
In addition to the facility at Ras Tanura, which is vital to petroleum exports, the Houthis — who have been battling a Saudi-led coalition for six years — said they had also attacked military targets in the Saudi cities of Dammam, Asir and Jazan.
The site at Ras Tanura, which hosts an oil refinery and the world’s largest offshore oil loading facility, was attacked with a drone coming from the sea. However, the Saudi defence ministry said it was successfully intercepted and destroyed prior to reaching its target. Read more…..
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Berkshire Hathaway’s chairman and CEO Warren Buffett sat down with CNBC’s Becky Quick on Monday to answer viewer questions and discuss the top news stories of the morning.