Saudi Arabia on Sunday faced two attacks on leading oil production sites, prompting a spike in oil prices. There was a drone attack at the world's largest oil terminal, with reports stating that a storage tank in the Ras Tanura export terminal was the target, even as news of a second attack at Saudi Aramco’s facilities surfaced.
Saudi Arabia’s Energy Ministry confirmed early on Monday morning that there had been an attack on the major shipping port. According to updates shared by the Saudi Press Agency, the Ras Tanura Port in the Eastern Region was attacked by a drone coming from the sea.
An official spokesperson was quoted as saying that there had also been a second attack on Sunday at Saudi Aramco’s facilities. Officially known as the Saudi Arabian Oil Company, the public petroleum and natural gas company is based out of Dhahran and is one of the largest in the world in terms of revenue.
"Shrapnel from a ballistic missile fell near Saudi Aramco’s residential area in the city of Dhahran, where thousands of the company’s employees and their families from different nationalities live," the Saudi Press Agency report adds.
While coming down heavily on "acts of sabotage", the spokesperson noted that the recent incidents had not resulted in any injury or loss of life or property.
But while the crude production does not seem to have been affected by the attacks, oil prices have soared. As per a Bloomberg report, the recent spate of attacks, for which Houthi rebels claim credit, has now sent Brent over $70.