Financial Times

Posted: 14 May 2019

Saudi Arabia oil installations hit in drone attacks

Two Saudi Arabian oil pumping stations were targeted in a drone attack on Tuesday, the kingdom’s energy minister said, as fears rose about the security of Saudi oil infrastructure.

Charles Hollis, Managing Director of Falanx Assynt, a risk consultancy, said the attack on the stations could be connected to the Sunday tanker assault near the Strait of Hormuz.

The location is not coincidental, with the target underlining that the Straits of Hormuz are not the only vulnerable Saudi oil export route,” he added. “However, the Houthis’ capabilities remain nascent and they are unlikely to be able to significantly disrupt Saudi export capabilities.

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