Houthis attack Saudi Arabia's largest oil refinery

Keywords

geopoliticsoil pricesSaudi Arabiaenergy securitygold

Open a keyword to see other news on the same topic.

Related tickers and likely impact

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

• Houthi Forces Claim Further Attacks on Saudi Airports and Oil Facilities

  Yemen's Houthi forces claimed on October 14 to have targeted King Khalid International Airport, the Saudi Aramco headquarters complex in Dhahran, and an Aramco refinery in Riyadh, according to Reuters. The Saudi-led coalition said it intercepted a ballistic missile aimed at Riyadh, while the Saudi Energy Ministry said the Aramco attack caused only a small fire and no casualties. A Reuters source said a ballistic missile hit the Aramco headquarters complex, damaging the top three floors of an office building. Tensions escalated after Saudi Arabia struck a fuel depot in Yemen on October 13, following an earlier attack on King Khalid airport that killed 13 people and injured more than 300. The attacks raise concerns about energy security, given Aramco's central role in Saudi Arabia's economy and global oil supply.

  CafeF·14/10, 14:18▲ XAU/USDgeopoliticsoil pricesHouthi
• Gulf Nation Sends Positive News Across All of Asia

  Saudi Arabia plans to store crude oil in the Jurong Rock Caverns, an underground rock cavern system 150 m deep in Singapore, from the second half of 2027, with Saudi Aramco set to sign a memorandum of understanding with EMA and JTC. The move aims to bring supply closer to Asian buyers after the US-Israel conflict with Iran disrupted energy shipments through the Strait of Hormuz, when about two-thirds of Asia's oil imports previously came from the Middle East. The caverns can hold up to 1.47 million m3 of liquid hydrocarbons, roughly 9 million barrels of crude and condensate. Aramco already stores oil in Japan and South Korea, while Japan is negotiating to expand regional oil reserves through the POWERR Asia initiative, backed by a US$10 billion financial package.

  CafeF·26/10, 08:03oil pricesStrait of HormuzSaudi Arabia
• SAMA Governor : Saudi Infrastructure Sustains Oil Supplies , Regional Trade Amid Conflict

  Saudi Central Bank (SAMA) Governor Ayman Al-Sayari said the Kingdom's diversified energy infrastructure and logistics networks have helped maintain oil supplies and regional trade despite the Middle East conflict, speaking at the IMF's IMFC meeting in Bangkok. He stressed that energy security depends on reliable and affordable delivery, and called for sustained investment across the energy supply chain. He said Saudi banks remain well capitalized with robust liquidity, and that Vision 2030, now in its tenth year, has strengthened the economic foundations. He also urged the IMF to implement recent institutional reforms, reiterated Saudi Arabia's $279 million capacity development pledge, and flagged risks from volatile capital flows and rising sovereign bond yields.

  english.aawsat.com·19/10, 11:15• XAU/USDSaudi Arabiaoil pricesenergy security
• Defending Saudi Arabia is essential to protecting the global economy

  The article argues that Saudi Arabia's security is a strategic concern for the global economy, as attacks on airports and oil refineries threaten energy supplies worldwide. On October 10, a Houthi missile reportedly struck King Khalid International Airport in Riyadh, killing 13 people and injuring more than 300. With the Strait of Hormuz disrupted during the Iran war, the East-West Pipeline became a key alternative route, carrying about 4 million barrels per day before drone attacks forced its temporary closure in September. The piece says geopolitical risk pushed Brent above $100 per barrel, burdening consumers and airlines, and it cites Greece's Patriot deployment as a model for partner contributions, calling for a broader, shared defense effort.

  weeklyblitz.net·18/10, 19:15Saudi Arabiaoil pricesStrait of Hormuz
• Arab News | Saudi energy investments helped cushion global economy from shocks , finance minister saysarabnews.com·18/10, 13:00Saudi Arabiaoil pricesenergy security
• Aramco CEO Warns Oil Squeeze is Seriousrigzone.com·15/10, 15:30oil pricesSaudi Arabiaenergy security

Related markets

Gold →Vietnam stocks →Currencies →

Latest news

• The US signals again to Russia: Washington unexpectedly considers lifting sanctions on Russia's major investment fund

  According to TASS, the US Treasury may review a sanctions exemption request from the Russian Direct Investment Fund (RDIF) through its standard process, an anonymous US official said. This is only an initial review and does not mean Washington has decided to lift restrictions; RDIF was placed on the sanctions list on February 28, 2022. RDIF CEO Kirill Dmitriev, who is also Putin's special envoy, is taking part in contacts aimed at boosting Russia-US economic ties and finding a solution to the Ukraine conflict. Earlier, on October 9, President Trump announced a deal with President Putin to bring Russian diesel back to the US and international markets, with planned shipments of about 300,000 tonnes in October, 500,000 tonnes in November and one million tonnes after that. If sanctions are eventually eased, the article says, this could open more room for economic cooperation between the two countries.

  CafeF·28/10, 06:32▼ XAU/USDsanctionsRussiageopolitics
• Amazon (AMZN) reports Q3: everything you need to know ahead of earnings

  Amazon (AMZN) will report its third-quarter results this Thursday after market hours. Last quarter, the company beat analysts' revenue expectations with $200.6 billion in revenue, up 19.6% year on year, and also solidly beat EPS estimates. The market expects revenue growth of 12.3% year on year this quarter, slowing from the 13.4% increase in the same quarter last year. Analysts have generally reconfirmed their estimates over the past 30 days, and the article notes that Amazon has a history of exceeding Wall Street's expectations.

  Yahoo Finance·28/10, 06:22• AMZNearningsAMZNWall Street
• Vietnam's financial market in 2027 faces pressure on liquidity and credit quality

  Saigon Ratings says Vietnam's financial market showed significant changes in the first nine months of 2026: GDP grew 9.01%, realised total social investment reached about VND 3,109.6 trillion (up 15.1%), and realised FDI reached USD 21.07 billion (up 12.1%). As of 28 September 2026, credit growth was 10.89%, below 13.37% a year earlier and faster than deposit mobilisation (9.78%) by about 1.11%, which could strain liquidity if loan demand rises sharply late in the year. Corporate bond issuance is recovering but diverging across issuers, with heavy maturity pressure in Q4 2026 and 2027, especially in real estate. Average CPI for nine months was 4.52% and the goods trade deficit was USD 19.42 billion, factors that could affect capital mobilisation and credit quality. Saigon Ratings outlines three development scenarios for 2027.

  CafeF·28/10, 06:18▼ VNINDEXcreditbondsreal estate
• Jio shares surge over 20% in blockbuster market debut

  Jio Platforms (NSE:JIOP) shares rose more than 20% in their Mumbai debut, following India's largest-ever IPO, which raised $3.2 billion. The stock climbed as much as 22.8% to 1,374.50 rupees against an IPO price of 1,119 rupees, valuing the company at about $131.5 billion according to Reuters. Demand exceeded the shares on offer more than 22 times, with bids worth about $77 billion led by institutional investors. Jio is now India's second-largest listed company by market capitalisation, behind parent Reliance Industries. Backed by Meta and Google, it serves more than 530 million customers and is central to chairman Mukesh Ambani's plan to turn Reliance into a diversified consumer and technology group.

  Yahoo Finance·28/10, 06:11IPOIndiatelecommunications
• Technical analysis of the afternoon session on 28/10: Prolonged sideways trading

  VN-Index continued to trade sideways and formed a Dragonfly Doji candlestick pattern while moving toward its 50-day SMA, but it remains above the middle line of the Bollinger Bands. The MACD is rising after crossing above its signal line, and the Stochastic Oscillator has moved out of oversold territory, pointing to a positive short-term outlook. HNX-Index also traded sideways with a small-bodied candle and lower volume, and sits below the Bollinger Bands middle line as the gap between its 50-day and 200-day SMAs narrows. The article says a Death Cross would make the outlook less favorable. These signals are for reference only, based on realtime data up to the close of the morning session, and may change when the afternoon session ends.

  Vietstock·28/10, 06:05• VNINDEXVNINDEXtechnical analysisHNX-Index
• Tesla-SpaceX Merger Needs No Premium, Investor Says — But Floats $500 To Sway Angry Holders Missing Bigger Payoff

  Larry Goldberg of LumaSenti says Tesla shareholders do not need a premium to benefit from a SpaceX merger, but floats $500 a share as a figure that could persuade reluctant investors, and says his priority is completing the deal. He argues that the lower the premium, the higher the value of the SpaceX stock received, and that combining assets and cash flows could help finance a computing buildout he estimates at $500 billion to $1 trillion. Brad Gerstner of Altimeter Capital suggests a $420 to $550 range, while ARK's modeling projects benefits for both shareholder groups from a no-premium swap. Tesla's quarterly filing confirms a special committee is exploring a deeper relationship with SpaceX; Musk says the committees have not agreed on terms and Tesla would need approval from 50% of all shares.

  Yahoo Finance·28/10, 06:05▼ TSLAmergers and acquisitionsSpaceXTSLA