DUBAI:
Saudi Arabia will take action to deter attacks on its oil facilities, its foreign minister said on Wednesday, following an attack on the heart of the industry this week by Yemenâs Iran-aligned Houthi movement.
Prince Faisal bin Farhan Al Saud, speaking at a news conference with Russian counterpart Sergei Lavrov, also said Riyadh would continue to cooperate with Moscow in the Opec+ framework to ensure oil prices that are fair for producers and consumers.
Oil prices spiked briefly following Sundayâs missile and drone assault on the kingdom, including on an oil storage yard at Ras Tanura, site of a refinery and the worldâs biggest offshore oil-loading facility.
Saudi authorities said they foiled the attack with no casualties or serious damage.
âThe kingdom will take the necessary deterrent measures to protect its national capabilities,â the prince said.
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