Saudi Arabia says it won’t take blame for oil shortages after facilities hit by Houthi rebels
Saudi Arabia said Monday that it will not accept blame for any international oil shortages after multiple Saudi facilities were targeted over the weekend by Yemen’s Iran-backed Houthi rebels.
The Saudi Press Agency cited an official, unnamed source in the kingdom’s Ministry of Foreign Affairs in relaying a statement that the world’s largest oil exporter “will not incur any responsibility for any shortage in oil supplies to global markets in light of the attacks.”
The declaration from the kingdom comes as the world grapples with oil shortages and sky-high gasoline prices that have been surging for more than a year and reached records in the U.S. in recent weeks.