Houthi forces struck Saudi Aramco’s Jazan refinery near Yemen on August 9, starting a fire that was quickly contained without reported casualties. It was the second attack on the complex in roughly two weeks; a July 27 strike forced the 400,000-barrel-per-day facility to shut down completely for a time. The attacks form part of a wider 2026 campaign targeting Saudi energy infrastructure, including the Abqaiq crude stabilization plant and facilities near Yanbu. Saudi authorities have said individual incidents have not materially affected national oil production or finances, while Aramco CEO Amin Nasser has highlighted the company’s ability to restore production and exports quickly. Saudi Arabia also strengthened defense pacts with Turkey and Pakistan in early August amid disputes involving shipping routes, including the Strait of Hormuz, through which roughly one-fifth of global oil supply passes each day. The 2026 attacks have been smaller than the 2019 Abqaiq and Khurais strikes, which temporarily removed about half of Saudi output and pushed Brent crude nearly 15% higher in one session. Repeated strikes nevertheless add a persistent risk premium to crude prices, with the main market question being whether the disruption remains limited or develops into a sustained constraint on Saudi exports.