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Oil: New strike on Saudi Aramco within a month - Scenarios for a new energy crisis

Oil: New strike on Saudi Aramco within a month - Scenarios for a new energy crisis
As the closest Saudi Arabian industrial city to the border with Yemen, Jizan has been repeatedly attacked by Houthi rebels in the past

A new strike occurred at Saudi Aramco facilities in Jizan, just one month after the previous attack that had caused temporary production disruptions, causing severe concern across the oil market. The new attack, which occurred today, Monday (7/9/2026), comes at a particularly critical juncture for the global energy market, as geopolitical tensions in the region remain at code red. The extent of the damage to the Aramco facilities is still being evaluated; however, the fact that this is a second strike within such a short timeframe revives fears of supply disruptions and renewed energy market turmoil.

Damage under evaluation

According to information from international media outlets, the company's oil infrastructure was struck on Monday, and the damage is currently being assessed, according to two people with knowledge of the matter. As Saudi Arabia's closest industrial city to the border with Yemen, Jizan has been repeatedly attacked by Houthi rebels in the past. Saudi Aramco Chief Executive Officer Amin Nasser stated last month that the attacks had caused some oil production disruptions, but had no material operational or financial impact. The latest attack was of a similar scale to last month's strike, according to one of the individuals familiar with the matter.

Oil on the rise

In the wake of the strike on Saudi Aramco facilities, crude oil responded positively. Specifically, US WTI is gaining 0.75% to $92.17, while Brent crude is up 1.14% to $97.38.

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