UAE shuts one of world's
Photo: John Moore AP/TT

UAE shuts one of world's largest oil refineries after fire caused by Iranian drone attack

The United Arab Emirates has shut down one of the world's largest oil refineries after an Iranian drone attack, Bloomberg reports, citing sources.

The drone attack caused a fire in the industrial area where the large Ruwais refinery is located.

Owner Abu Dhabi National Oil Co. is investigating damage to its facilities. The refinery has a production capacity of 922,000 barrels of oil per day.

According to Bloomberg's sources, the region's four major oil countries - Saudi Arabia, Iraq, the United Arab Emirates and Kuwait - have already reduced production by a combined 6.7 million barrels per day ahead of the fire.

This corresponds to a one-third reduction in production compared with levels before the US and Israeli attack on Iran on February 28 and Iran's subsequent counterattacks on targets across the Middle East.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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