Skip to main content
See every side of every news story
Published loading...Updated

Drone Strike Hits Bahrain Refinery as Crack Spreads Surge

Iranian missile strike ignites fires at Bahrain Petroleum Company's refinery; fire contained with limited damage and no casualties, while diesel margins surged over $100 per metric ton.

  • On Thursday, a drone strike hit oil infrastructure in Bahrain's Ma'ameer industrial area, and authorities said the fire at one facility was brought under control with limited damage.
  • Early reports attributed the strike to Iran, describing either a ballistic missile or a drone, as attacks in recent days shifted focus toward BAPCO refining infrastructure rather than crude production.
  • Traders widened crack spreads and diesel margins as markets repriced refinery risk, with ICE low-sulfur gasoil futures surging more than $100 per metric ton amid disruption concerns.
  • Refining capacity's limited flexibility means damage can immediately tighten product markets, and Bahrain's refining sector serves as an important Gulf hub for diesel and refined exports.
  • Authorities have yet to release a full damage assessment as markets await clarity after several large fires at the Bahrain Petroleum Company primary refinery in Ma'ameer industrial area, which hosts BAPCO refining operations and nearby factories.
Insights by Ground AI

36 Articles

Center

Tehran's response to the U.S.-Israel attack sets the region on fire and now reaches 7 countries in the Persian Gulf, Turkey, Azerbaijan, Jordan and Cyprus. More information: Trump charges Sánchez again: "He's a loser, he's not a team player and he's also very hostile to NATO."

·Spain
Read Full Article
Lean Right

Fire in refinery in Bahrain after Iranian rocket attack +++ British are moving more fighter jets to Qatar +++ Azerbaijan is mobilizing after drone attack army +++ The newsblog.

·Düsseldorf, Germany
Read Full Article
Lean Right

A major oil refinery in Bahrain was hit today, and a fire caused by an Iranian missile attack has since been brought under control.

·Belgrade, Serbia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 37% of the sources are Center, 37% of the sources lean Right
37% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Oil Price broke the news in London, United Kingdom on Thursday, March 5, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal