Mumbai, March 2: Saudi Arabia’s Ministry of Defense confirmed that the Ras Tanura oil refinery, one of the world's largest petroleum facilities, was targeted by drones on Monday morning, March 2. While Saudi air defenses successfully intercepted and downed the incoming aircraft, falling debris sparked a "limited fire" at the site. In response to the incident, state oil giant Saudi Aramco has temporarily suspended operations at the refinery as a precautionary measure. The attack has sent shockwaves through global energy markets, with Brent crude prices surging nearly 10 per cent to approximately USD 80 per barrel.
Interception of Drone and Impact at the Facility
A military spokesperson, speaking via the state-run Saudi Press Agency (SPA), announced that two drones were destroyed before reaching their primary targets. However, shrapnel from the interception caused an isolated blaze within the refining complex. Ayatollah Arafi Dead? Unverified Reports Claim Iran’s Interim Leader Alireza Arafi Killed in Airstrike.
Ras Tanura Refinery in Saudi Arabia Shut After Drone Attack
BREAKING 🚨🚨 Saudi Arabia's state oil giant Aramco has shut down its Ras Tanura refinery after it was hit by a drone - reports pic.twitter.com/wv09EybUGk
— Insider Paper (@TheInsiderPaper) March 2, 2026
Iran Strikes Saudi Aramco's Oil Refinery in Ras Tanura
Iran has struck the Saudi Aramco refinery in Ras Tanura, which is one of Saudi Arabia’s key oil processing facilities, with a capacity of up to 550,000 barrels per day. pic.twitter.com/O7SLbGh9rO
— Mohammed Zubair (@zoo_bear) March 2, 2026
Online videos circulating on social media showed thick plumes of black smoke rising from the facility near Dammam. Authorities confirmed that the fire was quickly brought under control by emergency teams, and no civilian injuries or fatalities have been reported.
Regional Escalation and Global Oil Surge
The strike on Ras Tanura occurs amid a massive escalation in West Asian hostilities. The region is currently reeling from a series of US and Israeli airstrikes against Iran that resulted in the death of Supreme Leader Ayatollah Ali Khamenei on Saturday. Tehran and its regional proxies have since retaliated with a wave of drone and missile strikes targeting Israel, US military assets, and energy infrastructure across the Gulf, including sites in the UAE, Qatar, and Kuwait. Analysts warn that the targeting of Saudi energy hubs marks a "significant escalation," effectively placing the global oil supply chain in the direct line of fire.
Significance of Ras Tanura Oil Refinery
Located on the Kingdom's eastern coast, the Ras Tanura complex is a cornerstone of the global energy economy.
- Capacity: It has a refining capacity of 550,000 barrels of crude oil per day.
- Global Role: The site houses a major oil terminal that handles a significant portion of Saudi Arabia’s maritime oil exports.
- Market Sensitivity: With shipping through the Strait of Hormuz already largely halted due to recent hostilities, the temporary closure of Ras Tanura adds acute pressure to an already strained global supply. Saudi Arabia Crown Prince Mohammed Bin Salman Urged Donald Trump To Strike Iran, Called Him Multiple Times Privately: Report.
Saudi authorities stated they are taking "all necessary measures" to protect their facilities and ensure the stability of global energy supplies. Military officials remain on high alert as the conflict continues to broaden across the region.
(The above story first appeared on LatestLY on Mar 02, 2026 03:09 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).













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