Here’s how Asian Governments are reacting to the Aramco attack


THE massive drone strike on the world’s largest crude-processing facility operated by Saudi Arabia’s Aramco has global ramifications, particularly for countries in Asia.

The region consumes more oil than anywhere else, with China, India, Japan and South Korea among the world’s top buyers. The strike on the Saudi Arabian Oil Co. facility, which the U.S. blamed on Iran, knocked out roughly 5% of the global supply. Oil prices surged the most on record Monday, with Brent crude seeing its biggest gain in dollar terms since futures started trading in 1988.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Saudi Aramco

   

Next In Business News

PETRONAS Gas commits to sustainability, announces total dividend of 72 sen per share
Crest Builder bags RM486mil condo job
Axis-REIT optimistic of maintaining its current performance for FY24
KIP REIT aims for RM2bil AUM
ATX Semiconductor to boost investment in Melaka to RM952mil
Haily gets RM109.5mil residential construction job
Malaysia’s vehicle sales dip 10% year-on-year in March
FBM KLCI ends at near 2-year high
Positive outlook for ringgit this year
CGS MY rebrands, targets to hit over RM300mil revenue by 2027

Others Also Read