Saudi Arabia Intercepts Drones Targeting Oil Facilities, Citing Iraqi Groups

Saudi Arabia Intercepts Drones Targeting Oil Facilities, Citing Iraqi Groups

Saudi Arabia's Defence Ministry confirmed its air defenses intercepted and destroyed drones launched by armed groups in Iraq, which attempted to target oil facilities in the Eastern Province and Riyadh. The Foreign Ministry condemned the attack, reaffirming its right to respond and urging Iraq to prevent its territory from being used for such aggressions. This escalation in regional tensions could support crude oil prices, potentially increasing Pakistan's import costs and contributing to domestic inflation, which might make gold a more attractive hedge for investors.

بحوالہ / Source: www.brecorder.com