Aramco

Yemen’s Houthis attacked an Aramco facility in southwestern Saudi Arabia and the Mocha port on the Red Sea with drones and missiles, further escalating conflict. Concurrently, Iran has made new demands regarding negotiations and the reopening of the Strait of Hormuz. A potential deal is being finalized between Iran and Oman to temporarily reopen the crucial strait for international shipping.

Yemen’s Houthis claimed they targeted an Aramco refinery in Jazan, Saudi Arabia, with a drone, amidst continuous attacks on Saudi facilities and ports in the Red Sea. Concurrently, Iran stated that negotiations with the United States cannot resume until existing memorandum violations are corrected, warning that the Strait of Hormuz will not open without US compliance.

Yemen’s Houthis claimed they targeted an Aramco refinery in Jazan with a drone, citing Saudi drones breaching Yemen's airspace as retaliation. Separately, Iran issued demands stating that the Strait of Hormuz will not open until the United States corrects its behavior, requiring lifting sanctions and withdrawing military forces. The Pentagon is also focused on boosting munitions production to address increased use of advanced missile interceptors.

Yemen's Houthis claim that they attacked an oil facility in southwestern Saudi Arabia. This announcement relates to ongoing news concerning the Middle East.

Yemen's Houthis launched a drone attack on an Aramco refinery in Jazan, southwestern Saudi Arabia, in response to Saudi drones breaching Yemen’s airspace over Hajjah and Saada. Separately, Iran demanded that the United States must correct its behavior and lift sanctions before the Strait of Hormuz can reopen. Meanwhile, the Pentagon is actively focused on boosting munitions production amid depleted advanced missile interceptor stockpiles.

The Houthis claimed they attacked an Aramco oil facility in southwestern Saudi Arabia, amidst a series of attacks targeting Saudi shipping in the Red Sea. Separately, Iran declared that the Strait of Hormuz will not open until the United States 'corrects its behavior,' demanding compensation and lifting blockades. Meanwhile, the Pentagon stated it is actively boosting munitions acquisitions to meet escalating military demands.

US President Donald Trump criticized oil majors for 'making too much money' following record profits from companies like ExxonMobil, Chevron, Aramco, BP, and Shell amid rising oil prices linked to the Iran war. Trump argued they should 'give some back to the public,' as surging gas prices harm Republican prospects in the midterms, while the US Strategic Petroleum Reserve is at its lowest level since the 1980s.

Donald Trump has criticized oil companies for making excessive profits from the US-Iran conflict, particularly targeting ExxonMobil and Chevron for their significant second-quarter profits. European and Saudi oil companies, including Shell and Aramco, also reported substantial profit increases amid the crisis.

Saudi Arabia's Aramco suspended operations at the Abqaiq oil processing and stabilisation facility following a Houthi attack. The attack occurred on Monday, leading to the halt at a major oil facility.

Yemen's Iran-aligned Houthis claimed targeting Saudi oil transport sites connecting eastern Saudi Arabia to the Red Sea hub of Yanbu. Houthi military spokesperson Yahya Saree cited Saudi drone incursions into Yemeni airspace as the reason. Saudi state oil company Aramco did not immediately comment.

Yemen's Houthis claim to have targeted oil facilities in Saudi Arabia owned by Aramco. The attack occurred along the Red Sea.

Iran-backed Houthis fired missiles and drones at Saudi Arabia's Yanbu and Jizan cities, targeting Aramco facilities in response to Saudi airstrikes on Hodeida. The conflict escalates over control of the Red Sea's Bab el-Mandeb Strait, a critical shipping route, with the Houthis threatening to blockade it unless the Saudi blockade on Yemen ends. U.S. Central Command did not announce new strikes, and Iran condemned a Ukrainian attack on an Iranian vessel in the Caspian Sea.

Iran-backed Houthi rebels in Yemen fired missiles and drones at Saudi Arabia's Yanbu and Jizan cities, targeting Aramco facilities in response to Saudi airstrikes on Hodeida. The Houthis threatened to close the Bab el-Mandeb Strait, a critical global shipping route, unless Saudi aggression and blockades cease. Saudi Arabia claimed it struck military targets in Hodeida, while Iran's foreign minister urged diplomatic solutions to the conflict.

Yemen's Iran-backed Houthi rebels fired missiles and drones at Saudi Arabia's Yanbu and Jizan targeting Aramco facilities in response to Saudi airstrikes on Hodeida. The attacks escalate tensions over the Red Sea's Bab el-Mandeb Strait, a critical shipping route, as the U.S. and Iran vie for control of the Strait of Hormuz. Saudi strikes on Hodeida injured two people, while the U.S. did not announce new strikes overnight despite ongoing regional tensions.

Yemen's Houthi rebels fired missiles and drones at Saudi cities Yanbu and Jizan, targeting Aramco facilities in response to Saudi airstrikes on Hodeida. The conflict escalates tensions over the Red Sea and Strait of Hormuz, with Houthis threatening to close the Bab el-Mandeb Strait to Saudi-linked shipping, risking global trade disruptions.

Yemen's Iran-aligned Houthi militants attacked Saudi oil installations in Jizan and Yanbu on the Red Sea coast. Saudi-backed forces retaliated with bombings against the Houthis as the Gulf conflict escalated.

Yemen’s Houthis fired missiles and drones on Saudi Arabia’s Aramco facilities in Yanbu and Jizan, responding to Saudi airstrikes on Hodeida. The conflict threatens global shipping through the Bab el-Mandeb Strait, with Iran’s foreign minister urging diplomacy to resolve tensions.

The Houthis claimed attacks on two Aramco oil facilities in Saudi Arabia's Jizan and Yanbu, citing retaliation for airstrikes on Hodeidah port and Kamaran Island. They vowed to maintain a blockade on Saudi-linked shipping through the Bab el-Mandeb strait in response to a Saudi blockade on Yemen and an attack on Sanaa's international airport. Saudi airstrikes reportedly killed Houthi members, including missile-launch experts, in Marib and al-Jawf provinces.

Saudi Arabia’s economy remained resilient during the Iran war due to an oil pipeline to the Red Sea and strong fiscal policy. The kingdom reported a current account surplus in Q1 2026, driven by higher oil revenues and reduced imports, while also serving as a transit hub and receiving large foreign inflows.

Saudi Arabia has implemented its largest oil price cut in decades as global market conditions weaken. The adjustment follows declining demand and reflects strategic responses to economic pressures.

A helicopter owned by Aramco crashed in Saudi Arabia's Ras Tanura, killing all 14 Saudi nationals on board, according to the Saudi Ministry of Energy. An investigation into the crash is underway, and the incident occurred amid Aramco's efforts to reroute oil exports due to disruptions in the Strait of Hormuz caused by Iran.

The Bank for International Settlements (BIS) warns that AI 'exuberance' could threaten the global economy. Additional news includes an Aramco helicopter crash at a Saudi port and Indian snack company Haldiram’s planning expansion into Europe.

A helicopter owned by Saudi oil giant Aramco crashed in Ras Tanura, Saudi Arabia, around 6 a.m. on Sunday, killing 14 Saudi nationals, according to the Saudi Ministry of Energy.

A helicopter crash in Saudi Arabia resulted in fourteen deaths. The aircraft was owned by Saudi state oil company Aramco, and authorities are investigating the cause of the incident.

A helicopter operated by Aramco crashed at a Saudi port in Ras Tanura, killing at least 14 people. The incident occurred hours after US-Iran strikes raised concerns about a fragile deal to reopen the Strait of Hormuz.

A helicopter crash in Saudi Arabia killed 14 Saudi citizens, with the aircraft belonging to Aramco. The incident occurred in Ras Tanura, and an investigation is underway. The crash follows recent Iranian attacks on energy facilities in the Gulf.

At least 14 Saudi nationals were killed in a helicopter crash operated by Aramco, Saudi Arabia's majority-owned oil company. The incident occurred around 6 am local time, with no details provided on the cause. Aramco had shifted oil exports to avoid the Strait of Hormuz amid disruptions from the Iran war.

Saudi Arabia is investing heavily in sports through its Public Investment Fund and Aramco-owned clubs, aiming to boost economic growth. The 2026 World Cup's first goal was scored by Mexican-Saudi player Julián Quiñones, highlighting Saudi clubs' rising global presence. Despite criticism of 'sportswashing,' the Saudi Pro League has attracted major players like Ronaldo and Benzema, with 47 Saudi-based players competing in the tournament.

Elon Musk's SpaceX aims to raise $75 billion in an IPO that could surpass Aramco's 2019 record of $25.6 billion and make Musk the world's first trillionaire.

SpaceX plans to raise $75 billion in its IPO, which would be the largest ever, by offering 555.6 million shares at $135 per share, valuing the company at about $1.75 trillion. The company's primary revenue source is Starlink, but it is betting heavily on artificial intelligence and orbital data centers, citing a $26.5 trillion total addressable market for AI.

Aramco is experiencing a significant oil loss of 100 million barrels each week due to the shutdown of Hormuz. The shutdown affects pipe work at a processing facility in the Khurais oil field in Saudi Arabia. This loss will likely have major economic implications.

Aramco CEO says the oil market won't return to normal this year if the Iran conflict isn't solved within weeks. Oil futures for December have gained 47% this year, indicating traders don't expect a quick return to normal. The statement suggests a prolonged impact on the oil market due to geopolitical tensions.

The US is waiting for a reply from Iran as negotiations between the two countries show little sign of progress despite a month-long ceasefire. The Strait of Hormuz remains a point of contention. Aramco believes that opening the strait will not be a quick fix.

Aramco and Adnoc are sneaking oil through Hormuz as Iran menaces the strait. Oil tankers navigate near Qeshm Island, Iran. This is happening in the Strait of Hormuz on April 28.