Geopolitical Risk - Missiles fired at Saudi Arabia on Feb 21
Geopolitical Risk - Missiles fired at Saudi Arabia on Feb 21
The Houthi rebels in Yemen launched a missile attack on Saudi Arabia early this morning but the missiles were intercepted by the Saudi defense system, Reuters reported, citing a Saudi state news agency. Read: https://oilprice.com/Latest-Energy-News ... rabia.html
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Geopolitical Risk - Missiles fired at Saudi Arabia on Fe
Bombing of Tripoli’s Port Aggravates Libya Situation
The UN-brokered peace talks in Libya have crumbled as Field Marshal Haftar started to bomb the port of Tripoli starting Wednesday, forcing the Libyan NOC to evacuate fuel vessels and stop all loading operations. With the Zawiya Refinery shut since February 08, supplying Tripoli with fuel has been increasingly difficult and the port attacks seems a clear cut attempt to exhaust the GNA. Libyan oil production dropped to 0.122 mbpd as of February 20, according to the NOC-issued information bulletin.
The UN-brokered peace talks in Libya have crumbled as Field Marshal Haftar started to bomb the port of Tripoli starting Wednesday, forcing the Libyan NOC to evacuate fuel vessels and stop all loading operations. With the Zawiya Refinery shut since February 08, supplying Tripoli with fuel has been increasingly difficult and the port attacks seems a clear cut attempt to exhaust the GNA. Libyan oil production dropped to 0.122 mbpd as of February 20, according to the NOC-issued information bulletin.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group