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Israel-Iran conflict: Drone hits Saudi Aramco's oil refinery in Saudi Arabia | Watch

Following the drone attack, a blaze occurred at the site that was eventually brought under control.

March 02, 2026 / 13:44 IST
The attack on an on oil refinery in Saudi Arabia.
Snapshot AI
  • Aramco halts Ras Tanura refinery after suspected drone strike
  • No injuries reported; blaze at site brought under control
  • Oil prices surge to $79 a barrel after attack and regional unrest

An oil refinery of leading global energy and chemicals firm Aramco has halted operations at its Ras Tanura refinery in Saudi Arabia after a drone, suspected to be fired by Iran, struck the facility.

According to a report in Bloomberg, the refinery is among the largest in Saudi Arabia with a capacity to process 550,000 barrels of crude per day.

Following the drone attack, a blaze occurred at the site that was eventually brought under control, said officials adding that there were no injuries. Located on the Persian Gulf, the plant was shut down on Monday as Aramco officials assess the damage, said people in the know of the matter.

Several videos surfaced on social media, showing workers at the oil refinery walking out of the facility as thick plumes of smoke arose from the targeted location.

The Ras Tanura oil refinery is a major crude oil refining complex owned and operated by Saudi Aramco, the state-owned oil company of Saudi Arabia. It has historically been a backbone of Saudi Arabia’s energy infrastructure, helping meet both domestic fuel demand and support export revenues.

On Monday, oil prices surged by the largest margin in four years, sending global crude markets into turmoil. Around 1:30pm (IST) on Monday (March 2), brent crude was trading at $79 a barrel.

The surge comes after a weekend of heavy military operations in West Asia. On Saturday, the US and Israel conducted missile strikes across Iran while urging local populations to oppose the Islamic regime. Tehran retaliated with strikes targeting Israel, US bases, and other facilities in Saudi Arabia, Qatar, the UAE, Kuwait, and Bahrain.

Fighting in the Middle East entered its third day on Monday, with the US and Israel continuing attacks on Iran, following the death of its Supreme leader Ayatollah Ali Khamenei.

Moneycontrol News
first published: Mar 2, 2026 01:01 pm

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