The attack heightens supply disruption risks in the Red Sea oil corridor amid stalled U.S.-Iran negotiations and regional tensions.
Houthi forces targeted Saudi Aramco’s Jazan refinery on the Red Sea coast with multiple drones, marking the third attack on the facility in 14 days. The group claimed the strike was precise, though no immediate damage assessment was provided.
Previous attacks on the same refinery occurred earlier this month, raising concerns over persistent vulnerabilities in Saudi energy infrastructure. The escalation coincides with a deadlock in U.S.-Iran talks, adding pressure to global oil supply chains.
Markets have yet to react, but analysts warn of potential upward pressure on crude prices if attacks persist or expand to other key facilities.