Attack on Saudi Arabia’s Ras Tanura Refinery Rattles Gulf Markets
Gulf stocks ended mixed Wednesday after an attack on the Ras Tanura refinery renewed concerns about an escalation in the Middle East. Yemen’s Iran-aligned Houthis said Tuesday they had struck the facility, which has capacity of 550,000 barrels per day.
By Ateeq ShariffGulf stocks ended mixed on Wednesday as an attack on a refinery in top crude exporter Saudi Arabia rattled investors and renewed concerns that conflict in the Middle East could escalate.Yemen's Iran-aligned Houthis said on Tuesday they had struck the 550,000-barrel-per-day facility…