Gate News message, April 7: Iran cited unnamed sources that, in the early hours of the 7th local time, an explosion occurred in the Jubail industrial zone in the northeastern part of Saudi Arabia, reportedly as the result of widespread strikes. The Jubail industrial zone is one of the world’s key petrochemical production bases, with an annual output of about 60 million tons of petrochemical products, accounting for 6% to 8% of global total production. Several large petrochemical companies and projects are clustered in the area, including Saudi Basic Industries Corporation, one of the major investors in the industrial zone. In addition, the Sadara project, in which U.S. Dow Chemical Company participates, as well as the projects jointly invested in by Saudi Aramco and French TotalEnergies, are also located within the industrial zone.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
