Saudi Aramco Temporarily Shuts Ras Tanura Refinery After Iranian Drone Strike

Saudi Aramco temporarily shut its Ras Tanura refinery, one of the Middle East's largest with a 550,000 barrels-per-day capacity, following an Iranian drone strike that caused a limited fire. Saudi defense forces intercepted additional drones targeting the facility, with no reported casualties. The shutdown, a precautionary measure amid escalating Iran-US-Israel tensions, contributed to a near 10% surge in global oil prices. The attack reflects rising regional conflict impacting critical energy infrastructure and global oil supply stability.