Attacks on Saudi oil facilities have halved the kingdom’s output. Photo: Reuters
China calls for calm in aftermath of drone strikes on Saudi oil facilities
- King Salman briefs Chinese president on attacks and says ties between two countries are ‘solid and good’
- Beijing is caught between its biggest source of imported oil and a country with huge market potential, observers say
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Saudi Arabia
Attacks on Saudi oil facilities have halved the kingdom’s output. Photo: Reuters
A satellite image shows thick black smoke rising from Saudi Aramco’s Abqaiq oil processing facility in Buqyaq after the drone strikes on Saturday. Photo: Planet Labs via AP
Drone strikes in Saudi Arabia may push China to diversify oil supply, analysts say
- Country has become increasingly reliant on crude from the gulf state over past year as it reduced imports from suppliers like the US and Iran
- That could leave Beijing in a precarious position, according to experts
Topic |
Saudi Arabia
A satellite image shows thick black smoke rising from Saudi Aramco’s Abqaiq oil processing facility in Buqyaq after the drone strikes on Saturday. Photo: Planet Labs via AP