Yemen’s ballistic attacks on Saudi Arabia trigger oil prices to top level

SANAA, April 12 (YPA) – The Wednesday’s missile attacks of Yemeni army on Saudi Arabia caused World oil prices to jump up to the most top level since three years, according to the New York-based Dow Jones index.

Companies including banks and technology and healthcare firms fell Wednesday, the day after U.S. stock indexes surged. Oil prices hit a three-year high after President Trump tweeted that the United States will launch missiles at targets in Syria.

The attacks on the Saudi Defense Ministry headquarters in the capital Riyash and the oil giant Saudi Aramco company in the southern Saudi regions of Jizan and Najran mainly contributed to the rise in the international oil markets prices, said the Dow Jones in its report.

The action poses an alert of an imminent regional war in the Middle East amid high tensions between the Unites States and their foe Russia and Iran.

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