GCC markets · Saudi Arabia · Catastrophe and exposure

Missile strikes Aramco office in Dhahran as Saudi-led coalition hits Houthi energy sites

A missile hit an Aramco administrative building in Dhahran on Tuesday night and started a fire, with no casualties, The National reported. The Saudi-led coalition said it struck Houthi-held energy sites in Yemen, and debris from intercepted missiles injured four people in Riyadh.

Illustration of a pipeline valve in a sandy landscape with two storage tanks in the distance.
Illustration. Not a photograph of the event.

A missile struck an Aramco administrative building in Dhahran, in Saudi Arabia's Eastern Province, on Tuesday night, The National reported. The strike caused a fire but no casualties. Aramco and Saudi authorities had not confirmed which building was hit, although other outlets described it as a headquarters complex.

In Riyadh, debris from two intercepted cruise missiles injured four people and damaged 15 homes, according to Saudi Civil Defence figures cited by the paper. The Saudi-led coalition said late on Tuesday that it had hit energy targets in Houthi-held Yemen, including fuel-loading berths at Hodeidah, Sanaa and Dhamar. It also reported intercepting a ballistic missile aimed at Dhahran and three drones.

Oil prices rose on Wednesday after the attack, The National reported, but the effect on Aramco production or exports was not clear. The article noted that a cross-country pipeline was shut temporarily in September after an attack launched from Iraq.

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This is an original summary of the linked report, selected by Axxion’s GCC market monitor. Facts are attributed to the publication.

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