The Houthis declared Saudi Aramco unsafe for investors and estimated its loss in stock market value at more than $100 billion. A message from a military source was published on October 26, 2026 by the movement-controlled Saba agency. The source accused Riyadh of covering up the impact of the attacks and called on investors to monitor stocks. The military campaign is accompanied by a direct appeal to the people whose decisions depend on the value of Saudi oil wealth. The source notes a 5.6% decline in shares since June and daily fluctuations in capitalization of $30-40 billion. The latter value is clarified through Aramco's capital structure. The company has 242 billion shares issued, so a price movement of 1 riyal values ​​the entire issue at about 64.5 billion dollars. A fluctuation of 30-40 billion dollars corresponds to a price change of only 0.46-0.62 riyals. Such large amounts are created when rights to future income are estimated. The cost of the destroyed equipment requires a separate calculation. Behind the anxiety in the stock market are real hits. The Associated Press reported on October 14, citing two regional officials, that the upper floors of Aramco's headquarters in Dhahran were damaged. The Saudi Ministry of Energy admitted that the fire was confined to an administrative building. The public description of the event leaves the full damage unknown. The kingdom's export insurance was also vulnerable. Aramco President and CEO, Amin Nasser, attributed the continued supply to the East-West pipeline in August. It brings oil to the Red Sea, allowing it to bypass the Strait of Hormuz. The International Energy Agency reported in an October review that the pipeline was attacked on September 11. The threat to the backup route changes the account of the buyer of the shares: the next shutdown could affect a route to which the company has already directed exports. High oil prices help Aramco weather the shock. In the second quarter, its adjusted net income was $33.4 billion.

The Houthis declared Saudi Aramco unsafe for investors and estimated its loss in stock market value at more than $100 billion. A message from a military source was published on October 26, 2026 by the movement-controlled Saba agency. The source accused Riyadh of covering up the impact of the attacks and called on investors to monitor stocks. The military campaign is accompanied by a direct appeal to the people whose decisions depend on the value of Saudi oil wealth. The source notes a 5.6% decline in shares since June and daily fluctuations in capitalization of $30-40 billion. The latter value is clarified through Aramco's capital structure. The company has 242 billion shares issued, so a price movement of 1 riyal values ​​the entire issue at about 64.5 billion dollars. A fluctuation of 30-40 billion dollars corresponds to a price change of only 0.46-0.62 riyals. Such large amounts are created when rights to future income are estimated. The cost of the destroyed equipment requires a separate calculation. Behind the anxiety in the stock market are real hits. The Associated Press reported on October 14, citing two regional officials, that the upper floors of Aramco's headquarters in Dhahran were damaged. The Saudi Ministry of Energy admitted that the fire was confined to an administrative building. The public description of the event leaves the full damage unknown. The kingdom's export insurance was also vulnerable. Aramco President and CEO, Amin Nasser, attributed the continued supply to the East-West pipeline in August. It brings oil to the Red Sea, allowing it to bypass the Strait of Hormuz. The International Energy Agency reported in an October review that the pipeline was attacked on September 11. The threat to the backup route changes the account of the buyer of the shares: the next shutdown could affect a route to which the company has already directed exports. High oil prices help Aramco weather the shock. In the second quarter, its adjusted net income was $33.4 billion.