US EditionSaudi Aramco temporarily shuts Ras Tanura refinery after drone strike: Report
Saudi Aramco halted some refining units after Iranian Shahed-136 drones caused a limited fire; supply to local markets remained unaffected, officials said.
- On Monday, Saudi Aramco paused operations at Ras Tanura after a drone strike targeted the refinery near Dammam, causing a temporary shutdown.
- Amid an escalation, the IRGC claimed responsibility for the drone strike on Monday, targeting US and Israeli interests in the region.
- Two drones were intercepted at the facility, causing a small fire from falling debris that was controlled; some operational units at Ras Tanura were shut as a precaution, with no injuries, Saudi defence ministry spokesperson said.
- Markets reacted swiftly as Ras Tanura's temporary closure adds to supply anxieties with capacity over 550,000 barrels per day, driving Brent crude futures up roughly 10% to over $82 a barrel on Monday.
- After the September 2019 Abqaiq and Khurais attacks that knocked out more than half of Saudi crude production, Wood Mackenzie warned oil prices could top $100 per barrel if tanker traffic through the Strait of Hormuz is not restored quickly.
118 Articles
118 Articles
US/US//Israel-Iran War: Drone strike forces shutdown of Saudi Arabia’s largest refinery
The state-owned oil giant, Aramco, confirmed that production at its 550,000-barrel-per-day Ras Tanura refinery was suspended on Monday. The post US/US//Israel-Iran War: Drone strike forces shutdown of Saudi Arabia’s largest refinery appeared first on Premium Times Nigeria.
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An alleged Iranian drone attack on the Aramco refinery in Saudi Arabia triggered a fire. "The stock exchanges react sensitively, but there is no selling Spanish," says Dietmar Deffner, head of business administration, at WORLD TV.
Iran Hits Saudi Arabia’s Ras Tanura Oil Refinery
Iran just launched a drone strike on Saudi Arabia’s Ras Tanura oil refinery, one of the world’s biggest oil facilities. The attack caused a fire at the refinery, though Saudi authorities say it’s under control and no one was injured. Some parts of the facility had to shut down as a precaution. Ras Tanura is a major hub for crude oil, processing hundreds of thousands of barrels a day. Even though local fuel supply hasn’t been affected yet, the st…
RIAD.– Iran’s concerted attack on Saudi Arabia’s oil infrastructure could trigger a direct military response from the kingdom against Iranian electrical installations, as warned on Monday by a source close to the Saudi government, in a context of growing regional tension that is already beginning to shake global markets. According to that source, Riyadh would attack “Iranian oil infrastructures if Iran carries out a concerted attack on Saudi Ara…
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