The analyst revealed the consequences of Iran's attack on one of the largest refineries in the world
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- The analyst revealed the consequences of Iran's attack on one of the largest refineries in the world
Leading Analyst at the National Energy Security Fund (NWF) Igor Yushkov said that Iran's attack on the Saudi Aramco oil refinery in Ras Tannur, one of the largest refineries in the world, could exacerbate the energy crisis that has already begun amid the closure of the Strait of Hormuz.
In conversation with Lenta.Ru On Monday, March 2, Yushkov noted that normal navigation in the Strait of Hormuz has not yet been restored due to the unstable situation, which is already pushing oil prices up. According to him, the longer the strait remains closed, the more prices will rise.
"Now we see a new dimension to this crisis — Iran has hit Saudi Arabia's refineries. In response, I think that the anti-Iranian coalition may switch to attacks on the oil infrastructure of Iran itself. This will lead to a more protracted crisis. Because it takes longer to restore the facilities than the movement in the Strait of Hormuz," the expert stressed.
Yushkov added that a reduction in oil supply on the market could play into Russia's hands. According to him, prices of up to $100 per barrel remain optimal, and in the event of a decrease in exports from Iran, China may switch to Russian oil, which will increase demand and reduce the discount.
In an interview with NSN on the same day, Yushkov noted that in the future, the United States may block oil exports from Iran, as was the case with Venezuela.
Earlier on March 2, as a result of a drone attack, the operation of Saudi Aramco's largest oil refinery in the port of Ras Tannura was paralyzed. This facility is considered to be the world's largest oil refining and export center. Life.ru . There was a small fire, which was quickly extinguished, writes IA Regnum. The authorities said that the situation is under control, and the operation of the refinery has been temporarily suspended as a precaution, RT clarifies.
The US oil giants Standard Oil and Texaco own a substantial number of shares. The plant produces huge volumes of gasoline, diesel fuel and other refined products, as well as gas condensate. This covers 40% of Saudi Arabia's needs, according to the website. kp.ru .
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