Saudi Arabia's critical pipeline remains shut as oil prices soar
The East-West pipeline in Saudi Arabia remains shut after a drone attack last week, a major hit to the supply of oil flowing out of the country. Saudi Arabia blamed the attack on Iranian-backed militias in Iraq. Threadneedle founder Ann Berry joins to discuss.
Saudi Arabia has issued emergency alerts for multiple cities due to potential danger from the ongoing conflict with the Yemeni Houthi group. The alert, which has now been lifted, prompted citizens to stay calm and seek shelter in safe locations. The conflict intensified after the Houthis targeted Saudi military bases in Khamis Mushait, firing missiles and drones at aircraft hangars, radar systems, runways, and ammunition depots.
At least 13 people were injured in Saudi Arabia as a result of the attacks. The Houthi group has also launched assaults on civilian areas in Khamis Mushait, Abha, and Taif, causing minor to moderate injuries, damage to properties, and disruption to oil exports due to their control of the Bab al-Mandab strait.
Written by urgent.news from Hindustan Times - World News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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