Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
World
Athena Freya

Saudi Market Reaction: How Global Oil Prices React to Gulf Infrastructure Attacks

Gas prices have gone up as a direct result of the global airstrikes on Gulf countries (Pixabay)

Two drones struck the United States Embassy in Riyadh on 3 March 2026, causing a minor fire and limited damage, Saudi authorities confirmed. Videos from the Diplomatic Quarter showed thick smoke rising above the embassy compound. The incident is part of a growing pattern of Iran-linked regional hostilities, with US President Donald Trump warning that retaliation would occur 'soon'.

Social media users shared images and short videos showing flames over the fortified area. Although the fire was quickly contained, the attack has heightened security concerns in Riyadh, particularly for diplomatic staff and nearby residents.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.