Saudi Arabia says it's not responsible for high oil prices

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Saudi Arabia says it's not responsible for high oil prices
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Saudi Arabia says it “won’t bear any responsibility for any shortage in oil supplies to global markets” after attacks by Yemen’s Iran-backed Houthi rebels affected the kingdom’s production.

FILE - A photographer takes pictures of the Khurais oil field during a tour for journalists, 150 km east-northeast of Riyadh, Saudi Arabia, June 28, 2021. In a statement on Monday, March 21, 2022, carried by the state-run Saudi Press Agency, Saudi Arabia said it “won’t bear any responsibility for any shortage in oil supplies to global markets” after attacks by Yemen’s Iran-backed Houthi rebels have affected the kingdom’s production.

DUBAI, United Arab Emirates — Saudi Arabia said on Monday that it “won’t bear any responsibility” for a shortage in global oil supplies after a fierce barrage of attacks by Yemen’s Houthi rebels affected production in the kingdom, the world’s largest oil exporter.

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