GeopoliticsJuly 28 at 08:02 AM

Saudi Aramco has shut down its Jazan oil refinery (400k BPD) after a Houthi missile in recent days and drone attack damaged key facilities at the site; repairs are expected to be completed and operations to resume by Aug. 15th

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Saudi Aramco shut the Jazan refinery following Houthi attacks, with repairs slated for Aug 15. The event, amid a Red Sea blockade, pushed Brent oil over $100 amid heightening supply risks.

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Geopolitics

Saudi Aramco has shut down its Jazan oil refinery (400k BPD) after a Houthi missile in recent days and drone attack damaged key facilities at the site; repairs are expected to be completed and operations to resume by Aug. 15th

What do investors think?

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