Energy
Aramco Pumping Stations Targeted in Drone Attack

(Bloomberg) — Saudi Arabia said Tuesday that unidentified drones attacked two pumping stations belonging to Saudi Aramco, forcing the state oil company to suspend some operations in the area to assess the damage. Oil prices rose.
The stations are linked to a giant pipeline transporting oil from fields in the eastern sector to the port of Yanbu on the western coast, state-run Saudi Press Agency reported, citing the Energy Ministry.
The pipeline has been halted, but Aramco is working to restore the link and Saudi oil exports are continuing as normal, SPA said. Saudi stocks reversed gains, with the benchmark Tadwul All Share Index trading 0.2 percent down at 2:19 pm in Riyadh.
The attack comes amid rising tensions in the Gulf as the U.S. increases pressure on Iran. On Monday, Saudi Arabia said two of its oil tankers were among several vessels attacked while sailing toward the Strait of Hormuz, the world’s most important chokepoint for oil shipments.
The manager of one of the tankers hit said that the vessel had got a hole in its hull after being struck by an unknown object off the coast of the United Arab Emirates.
“These attacks prove again that it is important for us to face terrorist entities, including the Houthi militias in Yemen that are backed by Iran,” SPA said.
Iranian-backed Houthi rebels in neighboring Yemen said earlier in the day that they had targeted key Saudi installations using seven drones, according to the rebel-controlled Saba news agency.
-
Economy2 months ago
Is Gold a Good Investment in 2025? A Deep Dive into the Precious Metal’s Future
-
OER Magazines1 month ago
OER, March 2025
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, March 2025
-
News1 month ago
Nothing Phone 3a and 3a Pro launches in the Middle East
-
Food & Dining2 months ago
Al-Futtaim IKEA’s Iftar Buffet Is Back, Offering Classic Comfort and Bold New Tastes
-
News4 weeks ago
Oman Oil Prices Witness Drop Amid Shifting Global Trade Dynamics
-
News3 weeks ago
Aligning HR Strategies with Oman Vision 2040: A Roadmap for Organisational Growth – OER Business Summit 2025
-
News1 month ago
Omantel Partners with TeKnowledge to Enhance Employee Skills in AI & Data Science
You must be logged in to post a comment Login