Sat. Apr 20th, 2024

Riyadh, Sep 18: Saudi Arabia has recently raised security concerns post drone attacks on Aramco oil facilities that has caused a considerable negative shift in the nation’s net oil export, indirectly affecting global oil prices.

As per the state-run Saudi Press Agency (SPA), Riyadh has decided to join a global maritime security venture, established by United States President Donald Trump.

“The kingdom’s accession to this international alliance comes in support of regional and international efforts to deter and counter threats to maritime navigation and global trade in order to ensure global energy security and the continued flow of energy supplies to the global economy and contribute to maintain international peace and security”, the SPA news agency said.

However, according to Sputnik, the US military has not yet confirmed such reports. Moreover, the reports came after a drone attack on Saudi oil facilities on Saturday, claimed by Yemen’s Houthi rebels.

On July 24, senior Iranian authorities cautioned against any attempts to establish an international alliance to secure shipping in the Gulf, with Tehran’s first vice president warning the move will just carry instability to the locale.

The reaction came after DenmarkFrance, the Netherlands, and Italy supported a British proposal for a European maritime force after Iran captured a UK-flagged oil tanker in the Strait of Hormuz, according to Al-Jazeera news reports.

 

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