Saudi Oil Refinery Hit by Drone Strike

0:00On March 2nd, Saudi Arabia has shut down its largest oil refinery at Ross Tanura after a drone strike hit the facility. The 550,000 barrels per day plan on the Gulf Coast was closed as a precaution amid a wave of attacks across the Middle East, involving Israeli and US strikes plus Iranian retaliation. Meanwhile, oil and gas operations ground to a hall elsewhere in the region. In Iraqi Kurdistan, producers like D&O and Gulf Keystone stop output it feels that normally export 200,000 barrels per day through. Turkey. Off Israel, Chevron's massive Leviathan gas field and smaller ones run by energy and also suspended production. The disruptions have sparked big worries about global energy supplies. Brent crude prices surged about 10% to over $82 a barrel as ships avoided the strait of hormones where attacks slow traffic. Through this key route for 5th of the world's oil, sources say the Ross Tanura situation remains under control with no injuries reported.

1:03Saudi forces intercepted two drones and debris sparked only a small fire. Local fuel supplies stayed steady despite some units going offline. These hits echo past assaults on Saudi energy sites, fueling fears that Gulf nations might deepen involvement in the conflict as tensions keep rising.