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Mecca Drone Attack Raises Saudi Oil and India Energy Concerns

Mecca Drone Attack Raises Saudi Oil and India Energy Concerns
Mecca Drone Attack: Houthi Advance Puts Saudi Oil Exports At Risk, Sparks Fresh Concerns Over India’s Energy Needs · freepressjournal.in

A drone was reportedly sent toward an area near Mecca, a very important city for Muslims.

Saudi Arabia said its defenses stopped the drone before it entered restricted airspace.

The Houthi movement denied trying to attack Mecca and said Saudi Arabia was spreading propaganda.

The incident has raised concerns about fighting between the Houthis and Saudi Arabia.

Saudi Arabia uses a major pipeline to move oil from its eastern region to the Red Sea.

Experts say fighting near important shipping routes could make it harder for Saudi Arabia to sell oil to Asian countries.

India gets oil from Saudi Arabia and many other countries.

Experts believe India can handle a short disruption by buying Russian oil and using other suppliers.

However, a long crisis could create serious energy concerns for India.

The article says the United States may or may not become more involved in the conflict.

Key facts

Indian response
Ministry of External Affairs spokesperson Randhir Jaiswal condemned attacks on Saudi territory and actions endangering civilians and infrastructure.
Saudi defense claim
Saudi air defenses said they destroyed a hostile drone before it entered Mecca’s prohibited airspace.
Houthi position
Houthi officials denied that Mecca was the target and alleged a Saudi propaganda campaign.
East-West pipeline
The pipeline runs about 1,200 kilometers from the Abqaiq processing complex to Yanbu on the Red Sea.
Reported pipeline capacity
Experts cited in the article estimate that the pipeline has been pumping about 7 million barrels of oil per day.
India’s short-term options
Talmiz Ahmad said India could manage a short-term shock through Russian oil and supplies from its other oil-producing sources.
Longer-term concern
Experts warned that a prolonged disruption could threaten India’s energy needs, particularly if Saudi supplies to Asian markets remain constrained.

Quotes

Randhir Jaiswal

Spokesperson for India’s Ministry of External Affairs

“The Mecca Pact is directed against Israel and is meant as a deterrent against Israel. The last thing member nations want to do is fight fellow Muslims. The Houthis are very popular amongst the Islamic world for their stand against Israel. They will not fight the Houthis.”
freepressjournal.in
“At Yanbu, Saudi Arabia was able to release oil and thereby export 70% of the oil it was permitted to sell under the OPEC+ agreement. Now, Saudi supplies have fallen to their lowest level in the last 25 years. This is a very serious setback.”
freepressjournal.in

Sources

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