Thursday, April 16, 2026

Will fuel prices go up?

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Katie Prescott

Business reporter, BBC News

AFP Man selecting fuel pump at Total gas station for refueling his carAFP

Consumers may not see an immediate increase in the price of fuel

Saudi Arabia’s state-owned company Aramco is the world’s biggest oil producer, generating 10% of the world’s oil, but it is also one of the world’s most profitable businesses.

For a drone attack to have knocked half of its – and 5% of the world’s – oil supply offline, speaks to the vulnerability of their plants and in turn to the vulnerability of a vital part of the global energy infrastructure.

The Khurais oilfield produces about 1% of the world’s oil, and Abqaiq is the company’s largest facility – with the capacity to process 7% of the…



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