اخبار محلية Financial Times: Yemen’s Attacks Disrupt the Global Oil Conference in Riyadh and Exacerbate the Cost of the Saudi War
اليكم الان Financial Times: Yemen’s Attacks Disrupt the Global Oil Conference in Riyadh and Exacerbate the Cost of the Saudi War والان إلى التفاصيل من المصدر الخبر اليمني:
The British newspaper “Financial Times” revealed the withdrawal of senior executive officials in international oil companies from the World Petroleum Council conference held in Riyadh, following the attack that targeted King Khalid International Airport on Saturday, in a development that reflects the extension of the war’s repercussions to the economic events on which Saudi Arabia is betting to enhance its international presence and attract investments.Exclusive Follow-ups — Al-Khabar Al-Yemeni:The newspaper mentioned that chief executives in “ExxonMobil,” “BP,” “Shell,” and “TotalEnergies” retreated from plans to participate in the conference in person. “BP” attributed its non-attendance to travel disruptions, while “Shell” didn’t comment, and no immediate responses were issued from the other two companies, according to the newspaper.This comes in conjunction with the disruption of aviation movement to Riyadh, and the continuation of security fears that pushed countries to warn their citizens against traveling to it, while the Saudi authorities insist on proceeding with organizing the conference and other economic events, among them the Future Investment Initiative conference scheduled to be held later this month.These developments reveal a rising aspect of the bill of the Saudi war on Yemen, which is no longer limited to military spending and the costs of protecting vital facilities, but extends to the risks of air transport disruption, the decline of international companies’ confidence, and the possibility of investments and events being affected, through which Riyadh seeks to present itself as a regional center for business and energy.The recent attacks had caused the cancellation and delay of flights, while the Gulf markets recorded a decline in Sunday’s trading, and the Saudi index fell by 0.2%, and with the continuation of the escalation, Saudi Arabia faces increasing pressures on its infrastructure, its economic interests, and its investment image.
Financial Times: Yemen’s Attacks Disrupt the Global Oil Conference in Riyadh and Exacerbate the Cost of the Saudi War first appeared on الخبر اليمني.
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