Houthi Strikes Target Saudi Aramco’s Strategic Jizan Refinery

The incident mirrors an attack from last month that forced a temporary halt to operations at the site. While Saudi Aramco has yet to issue a formal statement regarding the damage, the refinery has faced repeated targeting throughout the summer, including confirmed strikes in July and August. Export data reflects the strain, with shipments from the facility dropping sharply to zero during the previous month.

The vulnerability of the Red Sea coast poses a significant challenge to Saudi energy strategy. As the kingdom shifts crude flows toward the East-West pipeline and Yanbu to mitigate risks associated with the Strait of Hormuz, these alternative routes have increasingly become the primary theater of conflict. Despite these interruptions, Aramco CEO Amin Nasser previously maintained that earlier strikes caused no material financial or operational damage.

Global energy markets are reacting to the instability. Brent crude climbed above $97 per barrel on Monday, fueled by broader regional friction after Iran proposed a controlled shipping corridor through the Strait of Hormuz. This development follows a volatile weekend that saw U.S. forces engage Iranian tankers after ballistic missiles were fired at American warships.