More Than 200 Protesters Take To Streets In Hofuf, Eastern Saudi Arabia

Tyler Durden's picture

And while crude drops on a sudden plunge in oil demand following Japanese refinery shutdowns, supply issues may promptly be rearing their ugly head. Per preliminary Reuters reports at least 200 people protest in eastern Saudi Arabia. "More than 200 protesters took to the streets on Friday in the Saudi Arabian city of Hofuf, two activists told Reuters, responding to a call by online social networks for protests in favour of political reform. Hofuf, a major urban centre in Saudi Arabia's oil rich Eastern Province close to the Ghawar oil field, has seen scattered protests by minority Shi'ites in the last two weeks." This is just the first report of what will likely be a massive protest wave across the region following news that Yemen, Kuwait And Bahrain will all be joining in today's day of rage.