Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping
The 1,200-km line carries 4 million to 5 million barrels a day and had been helping Saudi Arabia bypass Strait of Hormuz disruptions.
- On Thursday, Saudi Arabia's Ministry of Energy shut down its East-West pipeline as a "precautionary measure" following drone strikes in the Riyadh and Medina regions that caused injuries and facility damage.
- Iraqi authorities and Saudi officials confirmed the drones originated from Iraqi territory, prompting Saudi Arabia to hold back on immediate retaliation to allow Baghdad time to investigate the assault.
- Satellite imagery from NASA and NOAA instruments confirmed fire damage at pumping stations along the 1,200-kilometre pipeline, which normally transports 4 million to 5 million barrels of crude daily.
- Meanwhile, Houthi forces seized Yemen's port city of Mokha and Perim Island, tightening control over the Bab el-Mandeb Strait, a vital shipping lane already strained by regional conflict.
- Oil prices surged above $100 per barrel this week as the pipeline closure and Houthi blockade heighten fears of a supply bottleneck, threatening global fuel supplies during the conflict.
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Saudi Arabia closes its East-West pipeline after attacks from Iraq
Riyadh announced the closure of its East-West Crude Oil Pipeline following drone attacks emanating from Iraq. The pipeline served as a critical oil export alternative to the Persian Gulf after the closure of the Strait of Hormuz. The post Saudi Arabia closes its East-West pipeline after attacks from Iraq appeared first on FDD's Long War Journal.
Two stations of the great East-West Saudi pipeline were hit by drones from Iraq. 1,200 kilometres long and capable of carrying up to seven million barrels a day to the Red Sea, the Petroline bypasses Ormuz. But its pumping stations are all vulnerable links in this vital oil road. Drones launched from Iraqi territory hit two facilities of the great East-West Saudi pipeline, according to the Riyadh and Baghdad authorities. There are reports of the…
Cyprus Mail
Attention to the UnseenSaudi pipeline outage threatens loss of 4% of global oil supply
Saudi Arabia will run out of oil stocks for exports if it doesn’t restart its major pipeline to the Red Sea within days, leading to a loss of up to 4% of global supply, Saudi oil buyers and traders said.A further decline in Saudi flows will worsen the global supply crunch, which has already pushed […]
Saudis shut down key oil pipeline as Houthis tighten grip on Red Sea shipping | Honolulu Star-Advertiser
Saudi Arabia has shut down its East-West pipeline, after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher.
Saudi Arabia has few options as it faces mounting threats from Iran and its allies - Boston News, Weather, Sports
A lightning advance by Houthi rebels threatens a crucial Red Sea shipping route. Drone attacks blamed on Iraqi militias have forced the closure of a major pipeline, and...
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