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Iran's Drones Hit Aramco Oil Refinery In Saudi Arabia

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Saudi Aramco has temporarily shut its Ras Tanura refinery after the facility was struck by Iranian drones. The strike on Ras Tanura one of Saudi Arabia's key refining hubs adds to fears of broader disruption in the region's energy infrastructure.

Aramco's media office is yet to issue an official statement on the attack. However, Saudi's defence ministry spokesperson told Al Arabiya TV that two drones targeting Saudi Aramco's Ras Tanura facility were intercepted. NDTV reported.

 attack comes at a moment of extreme strain for the global oil market. Crude prices have logged their steepest four-year surge as the widening Iran conflict has effectively paralysed shipping through the Strait of Hormuz, the narrow passage that handles nearly 20% of the world's daily oil flows. Though Tehran has not formally closed the route, several shipowners have suspended transits, citing security concerns, creating a de facto bottleneck in one of the world's most critical energy corridors.

Energy markets are now bracing for a prolonged period of instability. Any sustained disruption to Gulf exports -- particularly if the Strait of Hormuz remains effectively frozen -- could tighten supplies just as global demand picks up, setting the stage for renewed inflationary pressures worldwide. Notably, Brent crude climbed to $80 a barrel in early trade as traders priced in fresh supply risks from the Gulf.

The Iran conflict entered a volatile phase over the weekend when the United States and Israel launched missile strikes on targets across Iran on Saturday, calling on citizens to rise against the Islamic regime. Tehran responded with a barrage of attacks on Israel and on US military bases and other targets in Saudi Arabia, Qatar, the United Arab Emirates, Kuwait and Bahrain.

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