On March 7, the Ministry of Defense of Saudi Arabia issued a statement condemning the UAV and missile attacks on the Ratanula port in Dhahran, Saudi Arabia and the affiliated facilities of Saudi Aramco, stressing that all necessary countermeasures will be taken. Fortunately, neither attack caused any casualties or property damage.
On the evening of March 7, local time, a huge explosion sounded over the city of Dhahran in eastern Saudi Arabia. A huge explosion was heard from the major oil town of Saudi Arabia, and the US embassy and consulate in Saudi Arabia issued an early warning. Several social media users in different locations in the city said they heard the sound of a suspected missile being intercepted. Almost at the same time, the Yemeni Houthi armed forces issued a statement stating that the armed forces launched 8 ballistic missiles and 14 drones to various areas in the Saudi capital Riyadh, east and south, to target oil and military installations in Saudi Arabia. Launch an attack. The US embassy and consulate in Saudi Arabia issued an early warning, requiring all American citizens in Saudi Arabia to be vigilant and take preventive measures against similar incidents.
Saudi Ministry of Energy: Confirmed that a major oil town was hit by a drone
The Ministry of Energy of Saudi Arabia subsequently issued a statement confirming that the port of Ras Tanura in Dhahran, Saudi Arabia was attacked by drones. The statement stated that an oil storage site in Ras Tanura port was attacked by a drone from the sea that morning, and the attack did not cause any casualties or loss of facilities.
It is understood that Dhahran is a major oil town in eastern Saudi Arabia and the headquarters of the world’s largest oil company, Saudi Aramco. The port of Ras Tanura is one of the most important oil ports in the Gulf region and even the world. Most of the crude oil and its products produced in the eastern oil-producing areas are temporarily stored in this port and then shipped on ships for export. The Ministry of Energy’s statement condemned these attacks not only threatening Saudi civilians and civilian targets, but also affecting the security and stability of the world's energy supply, and may lead to ecological disasters caused by the leakage of oil and related products.
Saudi Ministry of Defense: Will take all necessary countermeasures to maintain global energy security
On March 7, the Ministry of Defense of Saudi Arabia issued a statement condemning the UAV and missile attacks on the Ratanula port in Dhahran, Saudi Arabia and the affiliated facilities of Saudi Aramco, stressing that all necessary countermeasures will be taken. The statement stated that the drone that attacked Rastanur port was shot down before reaching the target, and the ballistic missiles targeting Saudi Aramco’s affiliated facilities were also successfully intercepted. Part of the wreckage fell near the residential area, but no personnel were caused. casualties.
The statement emphasized that the Saudi Ministry of Defense will take all necessary countermeasures to maintain global energy security, ensure the stability of energy supply and crude oil exports, and at the same time ensure the safety of the Persian Gulf maritime trade channel.
International oil prices hit a 14-month high
On March 5, international oil prices rose significantly, setting a new high in 14 months. As of the close of the day, the price of light crude oil futures for April delivery on the New York Mercantile Exchange closed at US$66.09 per barrel, an increase of 3.54%; the price of London Brent crude oil futures for delivery in May closed at US$69.36 per barrel, an increase It is 3.93%.
Earlier, non-OPEC oil-producing countries such as OPEC and Russia announced that they agreed to extend most of the production cut policy to April. Together with the good employment data in the United States, the prospects for fuel demand have improved and international oil prices have risen sharply.
In addition, according to reports, a price list shows that Saudi Aramco will lower the price of light oil sold to Egypt in the Sidi Kerir port in the Mediterranean by US$1.70/barrel to a discount of US$1.90/barrel from the benchmark price. The sale price of intermediate oil will be lowered by 1.70 USD/barrel, and the price of heavy oil will be lowered by 1.90 USD/barrel. The Saudi Oil Minister warned OPEC+ oil-producing countries on March 4 that they need to be vigilant on the crude oil market as the new crown pneumonia epidemic continues.
However, after OPEC+ extended oil supply restrictions, Saudi Arabia raised the price of crude oil sold to Asia and the United States in April, indicating that the spot market has tightened supply. As the world's largest crude oil exporter, the price of crude oil exported by Saudi Arabia to Asia has reached the highest level since March last year, after maintaining the price unchanged for two months. This shows that Saudi Arabia believes that demand for crude oil will continue to grow.
Source: Mobile Public Account
