Two drone strikes on Saudi Arabian oil facilities by Yemen rebels have reduced the country’s production by half and threatened to push up crude prices.
Some experts have warned that this could make oil prices go as high as one hundred dollars as seen six years ago.
The drone strikes, claimed by Yemen’s Houthi rebels, cut 5 percent of the daily global oil supply and the United Nations has described the attacks as “extremely worrying”.
The Saudi Aramco oil facilities in Abqaiq and Khurais contains the world’s largest oil processing plant.
Most Saudi oil exported from the Gulf is processed there.