Oil companies in Iraq's Basra were hit by rockets amid delay of Russia-Saudi meeting | Eurasia Diary - ednews.net

4 June, Thursday


Oil companies in Iraq's Basra were hit by rockets amid delay of Russia-Saudi meeting

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Reuters on Monday reported, citing its sources, that missiles hit near sites of foreign and state-run oil companies in Basra, Iraq. No casualties have been reported so far.

According to police, the missiles were Katyushas launched at around 3 a.m. local time and hit the Burjesia residential and operations headquarters west of Basra, EDNews reports citing Sputnik News.

The strike on oil facilities comes as earlier on Monday oil prices continued to fall after Russia and Saudi Arabia delayed negotiations over oil output cuts, thus continuing oversupply concerns.

Initially, the parties were scheduled to meet on 6 April but the talks were postponed until 9 April.

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