The European Union (EU) strongly condemned the attack by the Iranian-backed Houthi terrorist militias on the commercial ship (MINERVAGRACHT), which flies the Dutch flag in the Gulf of Aden.
Oil prices rose today, Thursday, ending a three-day losing streak, recovering from their lowest levels in 16 weeks, but expectations of increased supply from "OPEC+" next month limited the gains.
PM: Reinvigorate oil sector key factor for economic recovery
[02/02/2021 06:28]
ADEN - SABA
Prime Minister Dr. Ma'een Abdulmalik stressed that it is very important to revive oil exploration and increase production to contribute to the government's efforts to bring about the urgently needed economic recovery.
His statement came as he presided over a meeting of the Committee charged with oil marketing on Wednesday.
The session devoted to discuss the current situation of oil sector, challenges need to be addressed and explore possible solutions to improve oil businesses and revenues.