Another attack on the world’s largest oil company, attempt to target Saudi Arabia’s Aramco refinery with drones

Tension is continuously increasing in the Middle East. Meanwhile, a big news has come out from Saudi Arabia. Aramco, the world’s largest oil company, has again come under target. An attempt was made to target its big refinery located at Ras Tanura with drones. The Saudi Defense Ministry has confirmed the incident. According to initial information, the drone attack failed. This attack did not cause any major damage.

Why is Ras Tanura Refinery so important?

Ras Tanura is counted among the largest domestic oil refineries in Saudi Arabia. This place is also very important for the global oil market. A large quantity of petroleum products are produced from here. Saudi Arabia is the world’s largest oil exporter. Many of its large oil fields are located on the east coast. This area falls close to Iran. Therefore security is always a big challenge here.

Had there been an attack before this also?

There was an attack here earlier this week also. Suicide drones were used at that time. According to the report, that drone was like Shahed-136. Following the attack, parts of the refinery caught fire. Due to security reasons, Aramco had to temporarily close some units. However the fire was soon brought under control. Despite this, this incident was considered a sign of increasing danger in the area.

Was there any impact on oil supply?

Aramco had taken some precautionary measures after the attack. The company had stopped the export of LPG i.e. Liquefied Petroleum Gas for some time. However, supply in the local market remained normal. The company said that domestic needs will not be affected. Along with this, alternative routes for export are also being considered.

Has the Strait of Hormuz become the new front?

Tension between Iran and its allies has now reached sea routes. Iran has warned of targeting tankers near the Strait of Hormuz. This strait is counted among the most important oil routes in the world. About 20 percent of the world’s oil and gas passes through here. Therefore, any conflict in this area can have an impact on the entire world.

Are oil prices increasing rapidly?

The effect of this conflict is now visible in the international market also. A rise in oil prices has been recorded. The price of Brent crude increased to around $ 82 per barrel. This is the highest level in more than a year. Experts say that if tension increases, prices may go up further.

Will the crisis increase in the Middle East?

After the attacks by America and Israel, Iran’s retaliation has intensified. Drone and missile attacks have spread tension across the region. Many Gulf countries including Saudi Arabia have become alert. The eyes of the world are now fixed on this conflict. Because fluctuations in the oil market can affect the economy of every country. The situation may change further in the coming days.