September 07, 2026 [Oil Price]- On September 7, 2026, Saudi Aramco’s Jizan refinery, capable of processing 400,000 barrels per day, was attacked again, exacerbating tensions as the Houthis continue their assaults on Saudi oil infrastructure. This latest strike follows previous attacks in July and August, which had already disrupted operations. The refinery’s strategic location on the Red Sea has gained importance due to the ongoing conflict affecting exports through the Strait of Hormuz. Oil shipments from Jizan dropped significantly, with no exports recorded in August, as Brent crude prices rose above $97 per barrel amid escalating regional tensions.

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