BlockBeats News, March 19th, sources said that the Saudi port of Yanbu has resumed oil loading operations. Earlier, the Saudi Ministry of Defense said it had intercepted a ballistic missile over Yanbu city, leading to the suspension of crude oil loading operations at Yanbu port.
After Iran effectively closed the Strait of Hormuz, Yanbu port became one of only two major export routes for Gulf Arab state oil.
The Saudi Ministry of Defense earlier stated that a drone had crashed at the SAMREF refinery, and the losses are currently being assessed. (Jinse)
