News
🚨 🇸🇦 Ras Tanura refinery reportedly hit by missiles as Saudi sirens spread to Najran (unconfirmed)
🚨 🇸🇦 Ras Tanura refinery reportedly hit by missiles as Saudi sirens spread to Najran (unconfirmed)
- 🇸🇦 Saudi Arabia's Ras Tanura refinery, about 550,000 barrels a day and the kingdom's largest, was reportedly struck by missiles, causing powerful explosions and large plumes of smoke, per newswires at , citing Iranian state media, which in turn cited Arab media
- 🇸🇦 Saudi Civil Defence then issued an early warning for Najran, near the Yemen border, with sirens reported there at ; there is no official Saudi or Aramco word yet on any damage
FO view: Brent is already about 0.8 dollars above Monday's close; Aramco or Saudi confirmation of damage is what would extend it, and a denial would likely see it fade.
Not investment advice.