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The Latest Breaking News from Ras Tanura

Oil slide deepens as Saudi exports reach 90% of pre-war level

Brent futures slipped to near $70 a barrel in London, hitting their lowest since the week before the Iran war began on Feb 28. Saudi Arabia managed to load crude at almost 90% of previous levels after restarting shipments late last week from its giant Ras Tanura terminal, according to…

The Economic Times

Oil down 2% amid resumption of Hormuz shipments even as vessel hit near Oman

Aramco resumes Ras Tanura oil ⁠loadings after ⁠four-month halt

Bangkok Post

Saudi Aramco resumes oil loading at Ras Tanura after four-month halt, data shows

Saudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on cargo. This resumption follows an interim deal between the US and Iran, which has eased tensions and allowed for increased output and exports from Middle Eastern producers.…

The Economic Times

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

Drone attacks on the US Embassy and Aramco's Ras Tanura refinery in Riyadh raise security alarms and impact global oil markets

International Business Times UK

New satellite images capture aftermath of Iran's strike on Saudi Aramco oil refinery

Iran launched a barrage of drones and missiles at Gulf states, targeting energy installations in Qatar and Saudi Arabia, including the Ras Tanura Refinery. The US Embassy in Riyadh was also attacked. These strikes, continuing into Tuesday, mark a sharp escalation in regional conflict following the death of Supreme Leader…

The Times of India

Iran attack on giant Saudi refinery pushes up oil prices

"The attack on Saudi Arabia's Ras Tanura refinery marks a significant escalation," one analyst said.

Axios

Drones hit Saudi Ras Tanura refinery as Iran strikes targets across region

Iranian drones hit Saudi Arabia’s Ras Tanura refinery on Monday morning, while Kuwait reported intercepted attacks on day three of Iran's retaliatory strikes on countries in the region.

Euronews

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Saudi Aramco Stock Surges Amid Geopolitical Tensions Following Drone Strike on Ras Tanura Refinery

Shares of Saudi Arabian Oil Co., commonly known as Saudi Aramco, climbed sharply in recent trading sessions as escalating Middle East tensions, including a reported drone strike on one of its key facilities, rattled regional markets while boosting investor interest in the world's largest oil producer.

International Business Times

Saudi Aramco Shuts Down Ras Tanura Refinery After Iranian Drone Strike

Saudi Arabia's state oil giant Aramco halted operations at its massive Ras Tanura refinery on Monday after a drone strike targeted the facility, an industry source told Reuters, marking a dramatic escalation in the regional conflict as Iran retaliated against U.S. and Israeli strikes that killed Supreme Leader Ayatollah Ali…

International Business Times

Iran Launches Missile and Drone Barrage on Israel, Gulf States; Ras Tanura Oil Hub Hit

Tensions between the United States–Israel alliance and Iran escalated sharply on Monday as Tehran launched a new wave of missile and drone strikes targeting Israel and several Gulf states, marking a significant expansion of the ongoing regional confrontation.

Whats Hot

Watch: Saudi Aramco oil refinery, one of the Middle East’s largest hubs, hit by Iranian drone

Saudi Aramco's Ras Tanura refinery facility was struck by a drone, leading to its shutdown and exacerbating global supply concerns. This incident follows attacks on vessels in the Strait of Hormuz, nearly halting oil shipments. The drone strike is part of a wider regional escalation, with other Gulf states also…

The Times of India

Saudi Arabia hikes July crude prices surprisingly high for Asia buyers

Saudi Arabia, the world's top oil exporter, raised July crude oil prices for Asian buyers to higher-than-expected levels amid concerns about tight supply and expectations of strong demand in summer.

Reuters

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