Drones hit Saudi Ras Tanura refinery
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The energy market suffered another blow early Monday after Saudi Arabia's oil giant Aramco was reportedly hit by a drone strike, forcing the closure of the Ras Tanura refinery, [Reuters and other outlets reported,
Saudi Arabia's military raised its readiness levels after multiple attacks by Iran, a source close to the army told AFP on Monday, while another warned of a possible military response if its oil
An attack on a key hub and threats to tankers in the Strait of Hormuz are threatening supplies.
A concerted Iranian attack on Saudi oil facilities could trigger a military response from the kingdom, a source close to the Saudi government told AFP
Pakistan may seek inclusion in Saudi Arabia’s list of preferred crude buyers supplied through the Red Sea if tensions in the Gulf disrupt shipping through
Oil and gas stocks are on the move as a flare-up of tensions between the US and Iran threatens to disrupt shipping in the Strait of Hormuz.
Saudi Aramco's U.S. trading arm has acquired a cargo of Venezuelan Boscan crude, marking its first purchase of this heavy oil suitable for asphalt. The purchase, made from Chevron, highlights increased Venezuelan oil exports under recent U.