Saudi Aramco shut its 400,000-barrel-per-day Jazan refinery on July 27 after a Houthi attack damaged the facility, according to an IIR note seen by Reuters.

Fire at Saudi Aramco's Jazan refinery follows Houthi attack claims. Normal traffic through the Strait of Hormuz by July 31 at 0.5% YES.

Saudi Aramco shuts Jazan refinery after Houthi attack. WTI reaching $110 in July 2026 at 0.4% YES.