Saudi Arabia will take the necessary measures to keep its oil resources and facilities safe and ensure the security of global oil supply, the Kingdom’s Foreign Minister, Prince Faisal bin Farhan, said on Wednesday. On Sunday, Yemen’s Houthi rebels said they had fired 14 drones and eight ballistic missiles at oil facilities at the Saudi port of Ras Tanura and military targets in three other Saudi cities. Oil prices spiked early on Monday as markets opened. For a brief period on Monday, Brent Crude prices jumped above the $70 per barrel mark for the first time since January 2020, but reversed gains after it became clear that there would
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