Aramco went into debt Saudi Aramco is getting close to an agreement with international banks to receive a revolving credit facility in the amount of 10 billion dollars. According to Bloomberg, the upcoming agreement will allow Aramco to strengthen its liquidity needs amid fluctuations in oil prices and the increase in operational risks related to the war. This company, which is considered the main pillar of the Saudi economy, has faced increasing threats to its facilities in recent weeks. Bloomberg reported that Yemen targeted the headquarters of Aramco, one of the largest oil fields, and at least one refinery. Aramco also evacuated its headquarters and moved its forces away. - Link.

Aramco went into debt Saudi Aramco is getting close to an agreement with international banks to receive a revolving credit facility in the amount of 10 billion dollars. According to Bloomberg, the upcoming agreement will allow Aramco to strengthen its liquidity needs amid fluctuations in oil prices and the increase in operational risks related to the war. This company, which is considered the main pillar of the Saudi economy, has faced increasing threats to its facilities in recent weeks. Bloomberg reported that Yemen targeted the headquarters of Aramco, one of the largest oil fields, and at least one refinery. Aramco also evacuated its headquarters and moved its forces away. - Link.