• 2 minutes Oil prices going down
  • 11 minutes China & India in talks to form anti-OPEC
  • 16 minutes When will oil demand start declining due to EVs?
  • 8 hours Oil prices going down
  • 14 hours We Need A Lasting Solution To The Lies Told By Big Oil and API
  • 14 hours Another WTH? Example of Cheap Renewables
  • 3 days Bullish and bearish outlook for oil
  • 1 hour What If Canada Had Wind and Not Oilsands?
  • 1 day Trump Hits China With Tariffs On $50 Billion Of Goods
  • 3 days Rolls Royce shedding 4,600 jobs
  • 2 days When will oil demand start declining due to EVs?
  • 13 hours The Wonderful U.S. Oil Trade Deficit with Canada
  • 2 days Russia's Rosneft 'Comfortable' With $70-$80 Oil Ahead of OPEC Talks
  • 6 hours China & India in talks to form anti-OPEC
  • 3 days U.S. Cars Will No Longer Need 55mpg Fuel Efficiency By 2025.
  • 1 hour Australia mulls LNG import
  • 12 hours The Permian Mystery
  • 7 hours No LNG Pipelines? Let the Trucks Roll In
  • 1 day Gazprom Exports to EU Hit Record
ZeroHedge

ZeroHedge

The leading economics blog online covering financial issues, geopolitics and trading.

More Info

Trending Discussions

Houthi Missile Targeting Riyadh Palace Intercepted

Riyadh

For the third time in roughly seven weeks, Houthi rebels have fired a ballistic missile into Saudi Arabia, according to a spokesperson. The Volcano 2-H missile launched by the Yemeni rebels was reportedly shot down by Saudi air defenses just seconds before striking the al-Yamama royal palace, according to the Sun, which cited local TV news station Al-Arabiya. Houthi-controlled television has claimed that the missile targeted a meeting of Saudi leaders in a palace.

(Click to enlarge)

U.S. President Donald Trump notably held meetings with the Saudi King at the al-Yamamah palace during his May trip to the kingdom.

(Click to enlarge)

The reports of a missile launch followed tweets by witnesses suggesting that a blast had been heard in the Saudi capital. Images published on social media showed a plume of smoke rising low over the ground near the palace.  Witnesses in Riyadh reported hearing a blast and seeing the smoke. Saudi security officials said, "there are no reported casualties at this time."

Houthis launched two ballistic missiles at Saudi Arabia in November, but neither hit their targets. The first, on November 4, was fired at King Khalid International Airport in Riyadh while the second was fired at a Saudi oil refinery on November 30.

The Nov. 4 attack on the airport led to a tightening of a longstanding Saudi-led blockade of Yemen, which was already struggling with a devastating famine. As with past incidents involving the Houthis, Saudi accused Iran of supplying the missile to the rebels, a charge Tehran strongly denied. Yemen has been struggling for more than two years with a brutal civil war that has triggered humanitarian crises and tens of thousands of combat-related deaths.

There were no immediate reports of injuries and there has been no official statement from the Saudi government.

By Zerohedge

More Top Reads From Oilprice.com:




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News