Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping
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 temporarily shut down its East-West oil pipeline following a drone attack, raising concerns about potential disruptions to global oil supplies. The 1,200-kilometer pipeline, spanning the Arabian Peninsula, typically transports 4 million to 5 million barrels of oil daily, accounting for 4% to 5% of global oil production.
The attack, rumored to be originating from Iraq where Iranian-backed militias operate, resulted in some injuries and damage, though the full impact on exports remains unclear. The attack follows a week of escalating tensions between the United States and Iran, with both nations firing on tankers and expanding attacks on shipping lanes through the Red Sea.
The Houthis, a Yemeni rebel group aligned with Iran, have seized the strategic island of Perim in the Bab el-Mandeb Strait, further tightening their grip on shipping routes. The United States is considering military assistance to Saudi Arabia, while Iran remains non-committal about resolving the conflict, asserting that talks are futile without meeting all of Iran's demands.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping koreatimes.co.kr
- Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping al-monitor.com
- Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping thejakartapost.com
- Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping channelnewsasia.com
- Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping hindustantimes.com
- Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping investing.com