Latest / GNN Daily Breaking News / Houthis Strike Saudi Refinery After Defence Pact
Transcript
- 0:00Speaker 1: In Saudi Arabia. Yemen's who Tea rebels have escalated their
- 0:04Speaker 1: campaign by striking the Jazan Refinery, one of aer Ramco's
- 0:08Speaker 1: largest facilities, just two days after Riyad signed a landmark
- 0:12Speaker 1: defense packed with Turkey and Pakistan. The drone strike ignited
- 0:16Speaker 1: a fire at the refinery, which was quickly extinguished and
- 0:20Speaker 1: officials confirmed there were no casualties. The Huthis, backed by Iran,
- 0:26Speaker 1: claimed responsibility through their military spokesman Yahyasari, framing the attack
- 0:31Speaker 1: as retaliation for Saudi Arabia's role in the regional conflict.
- 0:36Speaker 1: In addition to the refinery strike, the group also launched
- 0:40Speaker 1: missile and drone attacks on Yemen's red seaport city of Mocha,
- 0:44Speaker 1: killing seven people and damaging infrastructure. The timing of the
- 0:48Speaker 1: assault is crucial. Saudi Arabia's new packed with Turkey and Pakistan,
- 0:53Speaker 1: commits the three nations to collective deterrence. An attack on
- 0:57Speaker 1: one is considered an attack on all. Analysts say it
- 1:00Speaker 1: remains uncertain whether Ankara or Islamabad would actively join Saudi
- 1:05Speaker 1: retaliation against the Huthis, but the agreement signals were Yod's
- 1:09Speaker 1: intent to bolster its security amid instability following the Yudades
- 1:13Speaker 1: Stot Israeli war on Iran. The Huthis have already declared
- 1:17Speaker 1: a naval blockade of Saudi Arabia in the Red Sea,
- 1:21Speaker 1: raising fears that the bab El Mandeb Strait could be closed.
- 1:25Speaker 1: If that were to happen, Saudi Arabia would lose a
- 1:28Speaker 1: critical alternative shipping route to the Strait of Hormas, which
- 1:31Speaker 1: remains disrupted by Iran. This dual choke point threat Hormas
- 1:36Speaker 1: in the east and bab El Mandeb in the West,
- 1:39Speaker 1: underscores the vulnerability of global energy flows. Aramco's CEO Amin
- 1:45Speaker 1: Nasser confirmed that while the refinery attack caused temporary production interruptions,
- 1:50Speaker 1: it did not result in material financial losses. Still, the
- 1:54Speaker 1: incident highlights the growing risks to Saudi energy infrastructure and
- 1:59Speaker 1: the potential for wider disruption in global oil markets. Insurance
- 2:03Speaker 1: premiums for tankers transiting the Red Sea have already surged,
- 2:08Speaker 1: and energy analysts warned that prolonged instability could push prices
- 2:12Speaker 1: higher worldwide. For Saudi Arabia, the strike is a test
- 2:17Speaker 1: of its new defense Pact and its ability to deter
- 2:20Speaker 1: asymmetric threats. For the Huthis, it is a demonstration of
- 2:24Speaker 1: reach and resilience, showing they can strike deep inside the
- 2:27Speaker 1: kingdom despite years of military pressure, and for the region,
- 2:32Speaker 1: it is another reminder that the fallout from the war
- 2:35Speaker 1: on Iran continues to ripple across the Middle East, reshaping
- 2:39Speaker 1: alliances and threatening global trade.