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The Economic Times

Economy / The Economic Times

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Saudi Arabia raises military readiness after Iranian strikes on Gulf states

Saudi Arabia's military is on high alert following drone attacks by Iran. The Ras Tanura oil refinery faced a partial shutdown after a strike. Saudi Arabia warns of retaliation if its oil facilities are targeted. This incident marks a significant escalation in regional tensions. The kingdom has intercepted missiles near Riyadh as well.

2 Mar 2026 7:40 pm