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.
Related Articles
Former UK PM Liz Truss Publicly Endorses Bitcoin as Tool Against Currency Debasement
Former UK Prime Minister Liz Truss criticized Britain's economic trajectory, citing high taxes and regulations. She advocates for Bitcoin to combat currency debasement and is organizing a conference to promote a movement for sovereignty and freedom.
GateNews19m ago
U.S. Military Enforces Blockade on Iran's Ports, Forces 23 Vessels to Turn Back
The U.S. Central Command announced a maritime blockade on vessels entering and leaving Iranian ports, leading to 23 ships complying and turning back since the operation began.
GateNews34m ago
Iran's Supreme Leader Says Navy Ready to Inflict 'New Painful Defeat' on Enemies
Ayatollah Khamenei's Armed Forces Day message emphasized military readiness, wishing well to personnel and families, and threatening a "new painful defeat" for enemies, coinciding with Iran's annual celebration.
GateNews1h ago
Iran Has Not Agreed to Next Round of Talks with United States
Gate News message, April 18 — Iran has not agreed to hold the next round of negotiations with the United States, according to Iran's Tasnim News Agency on April 18.
GateNews3h ago
Iran's Supreme Leader Advisor: Internal Unity and Resistance Axis Not Negotiable
Mohammad Makhber, an advisor to Iran's Supreme Leader, asserted that Iran's internal unity and resistance are crucial for the nation's future and should not be compromised in foreign negotiations.
GateNews4h ago
White House Mediates Clarity Act Stablecoin Dispute, Witt Reveals Legislative Timeline
Patrick Witt announced at the Solana Policy Institute summit that the White House mediated a stablecoin dispute to advance the Clarity Act. The compromise allows banks and crypto firms to together address regulatory concerns, with future focus on crypto taxation and blockchain integration strategies among financial institutions.
GateNews6h ago