Ras Tanura Fire Follows Attacks on Aramco Offices and Near Shaybah Field
A fire broke out near Saudi Arabia’s key oil export hub of Ras Tanura on the Persian Gulf following an attack early on Tuesday, but the Kingdom quickly contained the fire, an unnamed source familiar with the events told Bloomberg. The extent of the damage was not clear, nor whether the hub was affec
Source: OilPrice.com
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DW NOTE
Ras Tanura processes 5 million barrels a day. Shaybah adds another 1 million. If these are coordinated strikes rather than accidents, the Houthis have learned to aim for the jugular — not symbolic targets, but the specific nodes that turn crude in the ground into crude on ships. Brent at $111 may not price in what happens when you can't load what you can't refine.