Mar 3 11:00 ET
BREAKINGSTRIKE
Saudi Aramco shuts Ras Tanura refinery after Iranian drone strike; oil prices surge 7%
Saudi Aramco shut down the Ras Tanura refinery — the world's largest oil export facility — after an Iranian drone strike caused a blaze at the plant. The attack triggered a 7% surge in global crude oil prices. NPR confirmed that oil and natural gas supplies have been hit hard by Iranian military action.