Large-scale Saudi petrochemical industrial facilities reportedly hit by widespread attacks

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Mars Finance news: On April 7, local time, in the early hours of the 7th, Iran cited unnamed sources, saying that an explosion occurred that day at Saudi Arabia’s Jubail Industrial Area in the northeast, where U.S. capital is involved, and that it was the result of a large-scale attack. The report said that the Jubail Industrial Area is one of the world’s important petrochemical production bases; its annual output is about 60 million tons of petrochemical products, accounting for 6% to 8% of global total output. Many major petrochemical enterprises and projects are concentrated in the area, including Saudi Basic Industries Corporation, which is one of the main investors in the industrial zone. In addition, the Sadara project involving U.S. chemical company Dow, as well as projects jointly invested in by Saudi Aramco and French energy company TotalEnergies, are also located within this industrial zone. (CCTV)

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