A huge cloud of smoke was seen near the Formula One venue in the city following the attack. At the time of the 2020 attack, the tank, which has a capacity of 500,000 barrels, held diesel fuel, according to a recent report by a UN panel of experts examining Yemens war. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. The Iran-backed Houthi militia often target airports and oil facilities in Saudi Arabia, and has also attacked facilities in the United Arab Emirates. The small fire, which. For other inquiries, Contact Us. A statement from OPEC described the attack as cowardly and targeting a key installation. Yemen's Houthis say they fired missile at Saudi Aramco site F1 bosses 'monitoring' Saudi Arabian GP after missile attack - PlanetF1 "At a time when the parties should be focused on de-escalation and bringing needed life-saving relief to the Yemeni people ahead of the holy month of Ramadan, the Houthis continue their destructive behaviour and reckless terrorist attacks striking civilian infrastructure," Blinken said. Oil market is in perfect spot for a new Saudi Aramco listing: Sadad Al-Husseini, Houthi rebels using missiles and drones to target at least six sites. Saudi Aramco petroleum storage site hit by Houthi attack - Reuters The risk-positive market environment and a broad-based decline of the US Dollar continue to boost the pair. Energy Voice 2023. JEDDAH, Saudi Arabia -- This weekend's Saudi Arabian Grand Prix is expected to go ahead as planned despite Formula One drivers raising concerns about a missile attack on a nearby oil facility . Practice sessions for the race were affected and after a meeting with drivers, it was announced that the race would go ahead. # Let's go on racing.". . Preliminary report: Attack on oil facilities in Jeddah in western Saudi Arabia. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. The United States condemned the Houthi attacks. The Iran-backed Houthis did not immediately claim responsibility for the Jeddah attack on Friday. We have received total assurance that the countrys safety is first, Formula One chief executive Stefano Domenicali told reporters after a meeting with drivers, teams and local authorities. Putin says Russia may quit Black Sea grain deal if demands not met. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Read about our approach to external linking. 6 A huge explosion has occurred in Jeddah ahead of Sunday's Grand Prix 6 Friday's incident comes days after a petroleum depot was attacked by rebels Credit: AP Responsibility for the attack was. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Saudi Arabia's F1 race in Jeddah will go ahead despite a missile strike by Houthis which caused a fire at an oil depot, with smoke visible from the track. But the Monegasque, winner of the first race of the season in Bahrain last weekend, later hit the wall at Turn Four and damaged his car's steering. As a result, Hamilton and Russell were 0.4secs off the pace by the time they reached Turn 13, the halfway point of the track, because of the bouncing affecting confidence through the high-speed swerves of the first sector. The organizers were already closely monitoring the situation in Saudi Arabia last week after several rocket attacks in the city. Unverified but there are social media posts floating around that a few miles away from the circuit a refinery is on fire pic.twitter.com/PybQ2DFHxM, EngineMode11 (@EngineMode11) March 25, 2022. The Arab Coalition said on Sunday an Aramco petroleum products distribution plant in Saudi Arabia's Jeddah was attacked by Yemen's Iran-backed Houthis, leading to a "limited fire" in one of the tanks which was brought under control without injuries or casualties, state TV reported. But eventually at 2.30am local time on Saturday, after further reassurances from bosses, they agreed to race. Video footage and images posted on Twitter by the Saudi Press Agency showed damage toa building and cars at a facility in Khamis Mushayt. The grand prix is also closely associated with the Saudi royal family. F1's Saudi Arabian GP to go ahead despite driver protests after oil # Security at the circuit is reported to have been strengthened. The attack in Jeddah comes hours after a barrage of missile and drone attacks on various targets in the Kingdom on Saturday and Sunday that were all thwarted. BEIRUT, Lebanon An attack on an oil storage facility in Saudi Arabia by Houthi rebels in Yemen on Friday ignited a huge fire that filled the sky over the port city of Jeddah with black smoke. Another attack targeted an electrical substation in an area of southwestern Saudi Arabia near the Yemeni border, state TV said. Organisers confirmed it is safe for racing. After an extraordinary series of events, team bosses emerged from the meetings to say: "We will be racing.". A Formula One auto race is due to take place in Jeddah this weekend. On Sunday morning, Saudi authorities confirmed an attack on Aramco facilities last weekend, withHouthi rebels using missiles and drones to target at least six sitesacross the kingdom, including an Aramco fuel depot and a liquefied natural gas plant. 4 Mar 2021. A huge plume of black smoke could be seen rising over the Red Sea city where the Saudi Arabian Grand Prix is taking place this weekend, an eyewitness said. The drivers spent four hours after practice on Friday discussing whether the race should be run. .#_ pic.twitter.com/4nwx8k0kbG, The fire had broken out in a tank at the Aramco distribution station and no casualties or injuries were reported, the coalition said. Saudi Arabia suffered a series of attacks from missiles and drones allegedly fired by Yemeni Houthi missiles. Publicly available flight tracking data suggests there has been disruption to operations since the attack at 18:00, (15:00 UTC). Please read our privacy policy and legal disclaimer. F1 bosses entered into emergency meetings after missile attacks in Jeddah targeted an oil facility close by. Breaking News. The Houthis have used this a justification for launching drones, missiles and mortars into the kingdom. The use of this website constitutes acceptance of our user agreement. Burning oil could be smelt, with local media reporting it could have been caused by another attack from the Houthis. It went on to say the state would confront all such acts of sabotage and terrorism. 2023 CNBC LLC. Facilities of oil giant Aramco were also attacked in Jizan, Najran, Ras Tanura and Rabigh with a large number of drones, he added. Saudi Aramco oil facility in Jeddah hit by Yemeni Houthi rebel missile Fax: (966) (11) 488-7670. You can immediately use your account and comment on the news items. All the drivers' post-practice media sessions were cancelled. The incident comes just days after a petroleum depot was attacked by rebels. Jeddah: Smoke plume seen after Houthi attack on Saudi oil facility Missile attack rocks F1 days before Saudi Arabian Grand Prix Saudi acknowledges Jeddah missile attack - News for the Energy Sector All Rights Reserved. 25-03-2022 15:52 Last update: 22:27 4 Comments GPblog.com There has been another attack on a facility owned by Aramco, title sponsor of Formula One, in Jeddah. A TERRORIST attack has rocked the Saudi Arabia Grand Prix just miles away from the Jeddah circuit. The high degree of leverage can work against you as well as for you. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. NEW #Houthi strike just hit an #Aramco facility in #Jeddah, on the eve of the #SaudiArabia Grand Prix.pic.twitter.com/nRKYAvk2y7, Charles Lister (@Charles_Lister) March 25, 2022. This evening, an Aramco distribution plant in Jeddah was struck causing infrastructure damage but no casualties, according to intelligence site Osprey. Feature: Why is Saudi Araba's involvement in sport controversial? You can see the black smoke here in the distance. The industry leader for online information for tax, accounting and finance professionals. Aramco oil plant near Jeddah hit by missile attack during FP1 EUR/USD extended its rally in the American session on Thursday and climbed to its highest level in over a year above 1.1200. Formula 1 goes on despite missile strike on Jeddah | Marca The Saudi Formula 1 race will go on despite a Houthi missile attack Formula 1 and the FIA are set to stage a second meeting after FP2. Lewis . Factbox: What pay rises will British public sector workers get? Missile attack in Jeddah, Saudi Arabian GP to proceed as planned Missile strike in Saudi Arabia just kilometres from F1 Grand Prix | 9 As darkness fell, although the original plan appeared to be to go ahead with FP2, reports began to filter through that the Houthis had claimed responsibility an attack that had caused the fire. The Saudi Ministry of Energy said the attack had caused an explosion at a fuel tank used in the distribution of petroleum products. NEW - #Houthi strike just hit an #Aramco facility in #Jeddah, on the eve of the #SaudiArabia Grand Prix.pic.twitter.com/nRKYAvk2y7. On March 11, the group targeted a refinery in Riyadh, causing a small fire. RIYADH, March 26 (Reuters) - Yemen's Houthis said they launched attacks on Saudi energy facilities on Friday and the Saudi-led coalition said oil giant Aramco's petroleum products distribution. F1: Saudi Arabian Grand Prix a go after alleged missile attack Saudi Arabia has confirmed a missile attack on a fuel tank in the city of Jeddah, claimed by Houthi rebels in Yemen. Nabeel Khoury, a former US diplomat, said the timing of the attacks is significant. Houthi attack on Aramco distribution plant in Jeddah causes fire FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The safety and security of all our guests continue to be our main priority.. Saudi Arabian Grand Prix to go ahead as planned despite Houthi missile To which Red Bull declared the smell and smoke was not due to a fault in their car. We were extremely pleased to hear that firefighters were able to extinguish the fire quickly and there were no reports of injuries or casualties.. F1 show goes on after nearby missile attack on oil factory The ministry blamed Iran for continuing to arm the Houthis with ballistic missiles and advanced drones, stressing that the attacks "would lead to impacting the Kingdom's production capacity and its ability to fulfil its obligations to global markets". The statement came a day after a wave of drone and missile attacks hit targets across Saudi Arabia, including an oil plant near the Formula One race in Jeddah, triggering an inferno. Houthi rebels said they fired a missile at an oil facility owned by Saudi Aramco in the Red Sea city of Jeddah - the latest in a series of cross-border missile and drone strikes the . To inquire about a licence to reproduce material, visit our Syndication site. The safety and security of all our guests continues to be our main priority and we look forward to welcoming fans for a weekend of premium racing and entertainment.. Tackling the flames, and Aramcos ability to continue supplying fuel, meant the attack had no meaningful impact on the market. A huge plume of smoke could be seen above an oil facility in the Saudi city of Jeddah on Friday, according to multiple media reports, with Yemen's Houthi group claiming they had attacked a Saudi Aramco site with missiles. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. Saudis must 'do more' on human rights - Hamilton, How to follow the Saudi Arabian Grand Prix, The Jeddah Corniche circuit is surrounded by coastline. Saudi Arabia suffered a series of attacks from missiles and drones allegedly fired by Yemeni Houthi missiles. It accounts for more than a quarter of all of Saudi Arabias supplies and also supplies fuel crucial to running a regional desalination plant. Yemeni rebels used a ship-borne IED on November 12 to attack a floating oil distribution platform, off Jizan. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. read more. See here for a complete list of exchanges and delays. Egypt alsocondemned theattacks andexpressedsupport forsteps taken by the Kingdom to protect its safety. Saudi Arabia: Houthis strike Aramco oil depot in Jeddah ahead of "A loud explosion was heard and a fire broke out.". Later on Friday, Houthi military spokesperson Yahya Sarea said the group attacked Aramcos facilities with missiles and the Ras Tanura and Rabigh refineries with drones. Black smoke could be seen in the sky near the circuit, as videos on social media showed the Aramco facility nearby engulfed in flames. The Saudi Arabian Grand Prix is expected to go ahead as planned after hours of meetings following a missile attack near the track in Jeddah. Saudi Arabian Grand Prix to go ahead despite missile attack near Jeddah The Mercedes cars were again suffering badly from aerodynamic bouncing - or "porpoising" - as their main limitation. They tweeted: "A few minutes ago, the Houthis attacked Jeddah and hit Aramcos petroleum facilities in Jeddah, west Saudi Arabia. The news sent oil prices jumping higher, with WTI surging back to $112 from around $110 and also weighed on equities, with the S&P 500 dropping about 25 points to 4515 from around 4540. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. That hostile air target was reported to have been fired by Yemens Iran-aligned Houthi group, who had attacked an Aramco distribution plant in Jeddah. Formula One chiefs subsequently said they will be monitoring the situation but later confirmed the race would go ahead. With Formula 1 having already been reported to be monitoring the situation, another incident of concern occurred on Friday when the track action began. REUTERS/Stringer, Formula One CEO Stefano Domenicali told drivers and team bosses that the Grand Prix would go ahead as planned, according to a source familiar with the matter. We feel safe, he said. Saudi Arabian Grand Prix will go ahead after missile attack In January, the Houthis claimed responsibility for a kamikaze drone attack on Abu Dhabi, which killed three people. USD/bbl. .#_ pic.twitter.com/UdEOBQmXWJ. Publicly available flight tracking . F1 stats: Which drivers have scored the most points without winning a race? "The continued attacks by the Houthis threaten both regional and international security. Explore the origins of this mass gang movement, Louis Theroux meets the movement's key figures. Iraq is said to have concluded a deal to purchase 12 JF-17 combat aircraft from Pakistan. The drivers spent four hours after practice on. The coalition has repeatedly said it is exercising self-restraint in the face of the attacks, but launched a military operation in Yemen early on Saturday saying it aimed to protect global energy sources and ensure supply chains. According to World News IL, the explosion was due to an attack from rebels. Official word now from #F1The show goes on. It added that the coalition supports Gulf efforts aimed at making the talks a success while the Houthis are trying to make them fail. Commenting on the situation, the F1 said: "The position at the moment is that we are waiting for further information from the authorities on what has happened.". During the FP2 session, the Saudi Motorsport Company released the following statement: We are aware of the attack on the Aramco distribution station in Jeddah earlier this afternoon and remain in direct contact with the Saudi security authorities, as well as F1 and the FIA to ensure all necessary security and safety measures continue to be implemented to guarantee the safety of all visitors to the Saudi Arabian Grand Prix, as well as all drivers, teams and stakeholders. At a time when the parties should be focused on de-escalation and bringing needed life-savingrelief to the Yemenipeople ahead of the holy month of Ramadan, the Houthis continue their destructive behaviorand reckless terrorist attacksstrikingcivilian infrastructure, US Secretary of State Antony Blinken said in a statement. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. Part of this information involved the possible consequences of not racing, such as how easily teams and drivers would be able to leave the country if the race did not happen. Saudi Arabia says an oil tanker was attacked by an explosive-laden boat while it was anchored at Jeddah's port. The Saudi Arabian Grand Prix is expected to go ahead as planned after hours of meetings following a missile attack near the track in Jeddah. The Houthis have twice targeted the North Jeddah plant with cruise missiles: One attack came in November 2020 while the last one came on Sunday. March 26, 20229:13 AM ET By Jaclyn Diaz Enlarge this image Smoke and flames rise from a Saudi Aramco oil facility in Jeddah following a reported attack by Yemeni rebels. # But eventually they were convinced to go ahead and race after being given further information by bosses. Note: All information on this page is subject to change. mivzaklive March 25, 2022 World News Leave a comment 500 Views. Al Jazeera Centre for Public Liberties & Human Rights. The F1 said plans for Saturdays third practice and qualifying and Sundays race were still set to go ahead. Photograph: AFP/Getty Images. The kingdom has been internationally criticised for air raids that have killed dozens of civilians while the Houthis have pointed to the assaults as a justification for the launch of drones, missiles and mortars into the kingdom. Smoke and flames rise from an oil facility near to the F1 circuit in the Saudi Arabian city of Jeddah after it was hit and set ablaze by a Houthi missile attack.
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