{"id":88034,"date":"2019-09-17T15:33:15","date_gmt":"2019-09-17T10:03:15","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=10202"},"modified":"2019-09-17T15:33:15","modified_gmt":"2019-09-17T10:03:15","slug":"abqaiq-oil-processing-facility","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/abqaiq-oil-processing-facility\/","title":{"rendered":"Abqaiq oil processing facility"},"content":{"rendered":"\n<p><strong>News:<\/strong>Houthi rebels from Yemen has carried out drone attacks on two major Saudi Aramco oil facilities in Abqaiq and Hijrat Khurais in Saudi Arabia.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>About the Abqaiq facility:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Abqaiq is the world\u2019s largest oil processing facility where about two-thirds of the total Saudi supply is refined and cleaned of impurities.<\/li><li>The attacks have impacted Saudi Arabia\u2019s oil production and exports, and in turn the global oil market.&nbsp;<\/li><li>Since,Saudi Arabia is the world\u2019s top oil exporter.It ships more than 7 million barrels of oil to global destinations every day.The output cut is expected to send oil prices up $3-$5 per barrel.<\/li><\/ul>\n\n\n\n<p><strong>Impact on India:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>India is the world&#8217;s third largest oil importer.It imports over 80 percent of oil requirements.<\/li><li>Saudi Arabia is a crucial source of energy for India and the second largest supplier of crude and cooking gas to India.<\/li><li>Hence,the hike in oil prices will inflate the import bill and disrupt the country&#8217;s current account deficit.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/Qytkg7UrsnVUXtXe3xt7UsAnfxvXXT1T-ISSchPqvOtYn73jXlVNg6w6OHBcEben_U9jDikxJ0x7CZ4YpwviaCm5UnC4L_PQ0D2JQ1rXP9uUkxWqV7FGJe1K3MxwqBXoAAvb8Ev0\" alt=\"\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>News:Houthi rebels from Yemen has carried out drone attacks on two major Saudi Aramco oil facilities in Abqaiq and Hijrat Khurais in Saudi Arabia. Facts: About the Abqaiq facility: Abqaiq is the world\u2019s largest oil processing facility where about two-thirds of the total Saudi supply is refined and cleaned of impurities. The attacks have impacted&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/abqaiq-oil-processing-facility\/\">Continue reading <span class=\"screen-reader-text\">Abqaiq oil processing facility<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[164],"tags":[5747,3416],"class_list":["post-88034","post","type-post","status-publish","format-standard","hentry","category-international-relations-daily-factly-articles","tag-abqaiq-oil-facility","tag-saudi-arabia","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704660106},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/88034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=88034"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/88034\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=88034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=88034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=88034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}