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Iran BOMBS Saudi Arabia; Aramco Facility Hit, Oil Supply Halted As War Spirals Out Of Control

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Iran BOMBS Saudi Arabia; Aramco Facility Hit, Oil Supply Halted As War Spirals Out Of Control

| Mar 02, 2026, 04:08:37 PM | TOI.in

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A drone strike near Saudi Aramco’s massive Ras Tanura refinery sent shockwaves through global energy markets, forcing a precautionary shutdown of one of the Middle East’s largest oil processing hubs. Flames were quickly contained - but the market reaction was explosive. The strike came amid widening regional conflict, with energy infrastructure increasingly in the crosshairs. With shipping through the Strait of Hormuz under strain, the attack amplified fears of prolonged instability and a potential global oil shock.

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