Houthis Hit Saudi Aramco Refinery as Strait of Hormuz Stays Shut, Deepening Oil Supply Fears
Saudi Arabia · ENERGY Key Facts —The attack: Yemen’s Houthi movement claimed a drone and missile strike on Saudi Aramco facilities in Jizan on 9 August 2026, and said it had also claimed earlier strikes on Yanbu. —The damage: Saudi Arabia’s energy ministry confirmed a fire at the Jazan refinery was extinguished and no injuries […] The post Houthis Hit Saudi Aramco Refinery as Strait of Hormuz…
Yemen's Houthi group claimed responsibility for a drone and missile strike on Saudi Aramco refineries in Jizan and Yanbu on 9 August 2026. Though Saudi Arabia confirmed a fire at the Jazan refinery was extinguished without injuries, the attack came amid the ongoing closure of the strategic Strait of Hormuz, which carries about a fifth of global oil trade.
The disruption of this crucial route has triggered a 60-65% surge in Brent crude prices, a record monthly increase reported by Reuters and the World Bank. The Bab el-Mandeb strait, another major oil export pathway, saw a decline in traffic following the Houthi strike, indicating pressure on both Gulf and Red Sea routes. Turkey and Pakistan recently signed a defense agreement with Saudi Arabia, signaling the kingdom's efforts to secure alternative export channels amid the heightened threat to its energy infrastructure.
The simultaneous closure of the Strait of Hormuz and Red Sea routes poses a significant risk of a prolonged oil supply crisis, potentially leading to global economic disruptions.
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