Iran Strikes Saudi Arabia | Iran’s Drones Hit Aramco Oil Refinery In Saudi Arabia | Middle East #NDTV

The attack comes at a moment of extreme strain for the global oil market. Crude prices have logged their steepest four-year surge as the widening Iran conflict has effectively paralysed shipping through the Strait of Hormuz, the narrow passage that handles nearly 20% of the world’s daily oil flows. Though Tehran has not formally closed the route, several shipowners have suspended transits, citing security concerns, creating a de facto bottleneck in one of the world’s most critical energy corridors.

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