Saudi Aramco shuts 400,000-bpd Jazan refinery after Houthi strike
Missile and drone attacks and satellite imagery showing a fire renewed focus on risks to Saudi energy infrastructure and potential effects on crude markets.
Saudi Aramco has shut its 400,000-barrels-per-day Jazan refinery after a Houthi attack involving missiles and drones, with satellite imagery showing a fire at the site. The disruption affects a significant part of Saudi Arabia’s refining system and adds to concerns that attacks on energy infrastructure can tighten fuel supply and influence crude prices. The refinery had previously been described as suffering damage to storage tanks and power systems, and a restart was being targeted by Aug. 15. The latest report highlights renewed pressure on Saudi energy facilities and has sharpened market attention on possible upward pressure on WTI crude oil prices.
- WTI crude oil: West Texas Intermediate, a key U.S. oil benchmark used to price crude in global markets.