YEMEN (OBSERVATORY) – The various regions of Saudi Arabia, including its oil facilities, are now within the range of Yemeni missiles, which worries Riyadh for reasons more economic than military.
Ballistic missiles from the Yemeni army and Ansarullah not only pose a threat to Saudi Arabia’s military sites, but will also affect the regime’s economy by inflicting heavy financial losses on the regime, reported Fars News.
In an article titled “The Three Hazards of Yemeni Ballistic Missiles for Saudi Arabia”, the Qatari newspaper Al-Araby al-Jadeed , based in London, listed them as follows:
1. The increase in the expenses of the war against Yemen;
2. The threat to the 5% IPO plan of the oil company Aramco;
3. The blockage of maritime traffic.
In recent months, Ansarullah has stepped up its missile attacks on Saudi Arabia, the latest of which has targeted Najran.
In recent weeks, refineries and facilities of the Saudi oil company Aramco, the world’s largest crude oil exporter, have been targeted by Yemeni forces.
These forces have also threatened Saudi oil ports and fields, which will have an impact on the economy of this regime.
On April 11, Abha airport and Aramco oil facilities in Jizan were targeted by missiles fired by a Qasef-1 drone, the Yemeni Army and Ansarullah ballistic unit announced.
This is the 4th time in 20 days ARAMCO attacked the missile and it shows that the Yemeni army and Ansarullah have become a danger for the Saudi economy.
“The Yemenites’ ballistic capacity to target the facilities of the largest Saudi company has postponed Aramco’s IPO project,” Al-Araby al-Jadeed quoted economic analysts as saying.
According to Libib Nachar, a Yemeni expert on oil issues, Yemeni missile attacks on Aramco’s oil facilities have greatly affected the Saudi and global oil markets. As a result, the plan to float 5% of Aramco’s shares is in danger.
“As long as the Houthi missiles (Ansarullah) pose a threat to the Saudi oil fields, a fear of reduced oil production will hover over Riyadh’s financial resources,” he added.