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.
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Bahrain Oil Refinery Was Hit
An Iranian missile strike on Thursday sparked a blaze at Bahrain’s main state-owned oil refinery as Iran pressed attacks across the Gulf for the sixth day. There were no reported injuries from the strike at the refinery on the island of Sitra, and operations continued, the government media arm added. Earlier, Britain said it was […] The post Bahrain Oil Refinery Was Hit appeared first on www.independentsentinel.com.
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.
A major oil refinery in Bahrain was hit today, and a fire caused by an Iranian missile attack has since been brought under control.
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