Saudi Aramco shuts 400,000-bpd refinery after Houthi strike
after close1 source ↓written by the desknot a recommendation
- following a Houthi
- 400,000-bpd Jazan refinery
- Houthi attack
- 27 July
- repairs expected
- 15 August
Saudi Aramco has shut its 400,000-bpd Jazan refinery following a Houthi attack on 27 July. Damage to the facility's Integrated Gasification Combined Cycle complex has raised concerns over fuel supply, with repairs expected by 15 August. This shutdown occurs amid already tight gasoline and diesel supplies, potentially impacting refining margins further. ⚡
• Houthi forces also targeted Aramco facilities in Yanbu.
• Crude oil prices may react to supply disruptions in the region.
Not investment advice. For informational purposes only.