The Ministry of Energy of Saudi Arabia announced on Monday that a fuel transport ship in Jeddah port suffered a terrorist attack, Reuters reported, citing Saudi state media.
According to a ministry official, the attack resulted in a small fire, which had been successfully extinguished.
“The incident did not result in casualties, there was no damage to the unloading facilities or any effect on the supplies,” the official said. “Terrorist acts against vital facilities are aimed at the security and stability of the world’s energy supply.”
Market reaction
These comments do not appear to be affecting crude oil’s performance on Monday. At time of writing, a barrel of West Texas Intermediate (WTI) was up 1.3% on the day at $ 47.17.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
