Commodities

Yemeni Oil Minister says we have quantities of oil stored for local consumption, reports Al-Hadath

StockNow breaking-news AI analysis

Yemen aims to resume exports and increase oil production by 25% despite a severe domestic power crisis and renewed Houthi threats to block the strategic Bab al-Mandeb Strait.

News detail

The state is carrying out its duties to resume oil exports We have directed oil-producing companies to develop plans to increase production We aim to increase oil production capacity in the first month of export by 25%

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