Saudi Arabia’s Biggest Oil Refinery Halts After Drone Attack
Crude oil storage tanks at the Juaymah tank farm at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia.
Photographer: Simon Dawson/Bloomberg
Aramco halted operations at Saudi Arabia’s largest oil refinery at Ras Tanura on the Persian Gulf coast after a drone strike in the area.
Gasoil futures jumped on news of the closure of the refinery that’s a key supplier of diesel, as Iran intensified attacks that damaged critical energy infrastructure in the region.