Assuring assets

Saudi Aramco seeks to protect its oil by doubling overseas storage

Brent crude climbed above $112 a barrel after deadly Houthi attacks on Saudi Arabia's Dammam airport and Aramco’s Shaybah oil field

Simon Dawson/Bloomberg via Getty Images

Saudi Aramco's Shaybah oil field was the target of a Houthi drone attack that killed two people

Saudi Aramco plans to store more of its oil abroad as Houthi attacks threaten supplies at home. The kingdom is negotiating access to foreign governments’ strategic oil storage, while Aramco aims to double its overseas storage capacity, CEO Amin...