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Houthi

Pakistan welcomes Saudi initiative for peace in Yemen: FO

ISLAMABAD: Pakistan has welcomed the peace initiative announced by Saudi Arabia offering a comprehensive roadmap including ceasefire for a negotiated settlement of the Yemen crisis.  “Pakistan considers this initiative a step in the right direction. We fully support Saudi efforts

Yemen’s Houthi launch missile, drone attack on Aramco’s oil facilities

RIYADH: Houthi rebels in Yemen launched a missile and drone attack targeting the oil facilities of Aramco in Saudi Arabia and raising fears of a new escalation in the six-year conflict. The attack on energy giant Aramco’s facilities came as

Yemen rebels threaten to strike Dubai and Abu Dhabi

ADEN: Yemen’s Iran-backed Houthi rebels on Wednesday threatened to attack multiple targets in the United Arab Emirates “We announce… that we have dozens of targets in the UAE, among them Abu Dhabi and Dubai, and that they can be targeted

Oil prices fall as Saudi Arabia assures to restore oil supply

RIYADH: Saudi Arabia’s Minister for Energy, has assured the concerned countries that oil output will return to normal by the end of this month. Saudi Arabian Minister of Energy, Salman Bin Abdul Aziz told in a press conference, “Production will

‘Blaming Iran won’t end disaster,’ says Iranian Foreign Minister

TEHRAN: Iranian Foreign Minister, Javad Zaraf on Sunday replied to US Secretary of the State Mike Pompeo, who earlier accused Iran of launching attacks at Saudi Arabia’s Aramco facility, that blaming Iran of attacks will not put an end to

Saudi stocks plunge after drone attacks on Aramco

Riyadh: The Saudi stocks fell by 2.3 percent after the recent attacks on ARAMCO facilities in Saudi Arabia. The attacks on the facilities have slashed the Saudi oil supply by almost 50 percent. The Saudi markets opened on Sunday observed