Saudi Arabia says it's not responsible for high oil prices
Headline from WFMZ Allentown
Saudi Arabia says it “won’t bear any responsibility for any shortage in oil supplies to global markets” after attacks by Yemen’s Iran-backed Houthi rebels have affected the kingdom’s production. The
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Saudi Arabia says it “won’t bear any responsibility for any shortage in oil supplies to global markets” after attacks by Yemen’s Iran-backed Houthi rebels have affected the kingdom’s production. The
The unusually stark warning marked a departure from the giant oil producer's typically cautious statements, as Saudi officials remain aware that even their smallest comments can swing the price of oil and rattle global markets.
The Saudi Arabian government issued a statement Monday saying it will not "bear any responsibility" for global oil shortages after several of their facilities were targeted by Yemen's Iran-backed Houthi rebels over the weekend.
Saudi Arabia's the foreign ministry said "the international community must assume its responsibility to maintain energy supplies," according to state-run Saudi Press Agency.
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