The refinery has halted all operation following a reported drone strike within the space.
Saudi Aramco has halted operation on the Ras Tamura refinery (Picture: X/@NedretErsanel)
All operations had been halted by Saudi Aramco at its refinery in Ras Tanura, Saudi Arabia, following a reported Iranian drone strike. The blaze, which erupted on Monday morning, was later introduced beneath management and described as remoted.
Ras Tanura, positioned on Saudi Arabia’s japanese coast alongside the Gulf, is likely one of the kingdom’s predominant refining hubs inside its oil infrastructure community. Footage on social media reveals giant plumes of smoke rising from the positioning as hostilities proceed to escalate within the Center East following the killing of Iran’s Supreme Chief Ayatollah Ali Khamenei. Based on native media, the nation’s key vitality hub was hit by Iranian Shahed-136 drones.
Reported hearth in Ras Tanura, Saudi Arabia, following an Iranian drone assault pic.twitter.com/HXdrfLm4Sb
— Türkiye Immediately (@turkiyetodaycom) March 2, 2026
The strike induced a small hearth on the web site, which was “put beneath management” later. A number of studies verify that the refinery was shut down as a precautionary measure though it was not instantly identified if there have been any casualties.
The assaults on Iran have despatched a chill via world markets. Shares opened sharply decrease in Tokyo and Australia early on Monday and oil costs soared.
Assaults all through the area, together with on two vessels transiting the Strait of Hormuz, the slim mouth of the Persian Gulf, disrupt the area’s skill to export oil.
A barrel of Brent crude oil, the worldwide customary, was buying and selling at round 79 {dollars} (£59) per barrel Sunday night time, in line with FactSet, up about 8% from Friday.
Eight international locations that type a part of the Opec+ oil cartel have introduced they may enhance manufacturing of crude as US and Israeli forces launched a serious assault on Iran.
The nation responded with retaliatory strikes in opposition to Israel and US army installations across the Gulf, disrupting oil shipments from the area.
The Organisation of Petroleum Exporting International locations (Opec), in a Sunday assembly deliberate earlier than the struggle started, stated it will enhance manufacturing by 206,000 barrels per day in April, which was greater than analysts had been anticipating.
The international locations boosting output embody Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman.
Assaults all through the area, together with on two vessels travelling via the Strait of Hormuz, the slim mouth of the Persian Gulf, might prohibit international locations’ skill to export oil to the remainder of the world.
This may probably end in greater costs for crude oil and gasoline, in line with vitality specialists.
The president made the feedback in a roughly six-minute video he posted on social media on Sunday afternoon.
He known as the three service members “true American patriots who’ve made the final word sacrifice for our nation, at the same time as we proceed the righteous mission for which they gave their lives”.
Leave a Reply