OREANDA-NEWS. Shares of the Saudi oil corporation Saudi Aramco following the auction on Sunday dropped to 34.55 rial per share ($ 9.21), which is the minimum level since the beginning of circulation on the exchange after the IPO. This is evidenced by the data of the Tadawul exchange. At the first auction in mid-December, shares of Saudi Aramco reached 38.70 rial apiece ($ 10.3), which then brought the company's capitalization closer to $ 2 trillion.

The situation in the Middle East, the largest oil-producing region in the world, was destabilized this week after the death of the commander of the Al-Quds special forces of the Islamic Revolutionary Guards Corps (IRGC, elite units of the Iranian armed forces), General Kassem Suleimani during the US military operation.

Following this attack, the Supreme Council of National Security of Iran, following an emergency meeting, promised to avenge Suleymani. Hossein Degan, the military adviser to the Iranian leader Ayatollah Ali Khamenei, said on the American television channel that Iran was preparing a retaliatory strike on American military facilities.