Skip to content
Back to Guavy Wire
Commodities

Saudi Oil Infrastructure Under Drone Attack from Iran-Backed Militias

Instruments
Oil
Share

Saudi Arabia's oil infrastructure was targeted by multiple drones on July 27, according to the Ministry of Defense. The attacks were carried out by 'Iran-backed terrorist militias,' said a spokesman for Turki al-Maliki.

The drones were directed at oil facilities in the Eastern Province and in Riyadh, with Saudi authorities not releasing any information about casualties or losses.

Turki al-Maliki stated that Saudi Arabia reserves the right to respond 'at the appropriate time and in the appropriate place.' The Ministry of Foreign Affairs condemned the attacks and urged Iraq to prevent the use of its territory for such purposes.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc