{
  "id": 7110072,
  "title": "Saudi pipeline outage threatens loss of 4% of global oil supply",
  "url": "https://urgent.news/2026/09/13/saudi-pipeline-outage-threatens-loss-of-4-of-global-oil-supply-7110072",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-13T13:29:32.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40439290/saudi-pipeline-outage-threatens-loss-of-4-of-global-oil-supply"
  },
  "original_language": "en",
  "account": "Saudi Arabia faces a grave threat to its oil supply after a major pipeline to the Red Sea was crippled by drone attacks, potentially leading to a loss of up to 4% of global oil production, according to key players in the industry. Without the restart of this pipeline, Saudi Arabia will run out of export stocks in just five to seven days, as stocks at Yanbu port are expected to last only that long at most. The pipeline carries around 4 million barrels per day, equivalent to about 4% of the world's oil supply, and its shutdown has exacerbated a global supply crunch already driving fuel prices to record highs and inflation soaring worldwide. The International Energy Agency (IEA) has warned that Saudi oil exports have fallen to a 3-decade low in August due to reduced flows through the Strait of Hormuz and the Red Sea. Flows through the Hormuz Strait have slowed to a meager 6 million to 9 million barrels per day, a stark contrast to the 22 million barrels per day the region used to supply prior to the ongoing conflict. Yemeni rebels, the Houthis, have further complicated matters by seizing an island at the mouth of the Red Sea, disrupting Saudi oil shipments even more. Despite Saudi Arabia's energy ministry and government media office yet to provide a full update on the damage and repair timeline, industry sources suggest that repairs could take anywhere from five to six weeks to restore the pipeline's full capacity.",
  "summary": "LONDON: 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 global fuel prices to record highs, spurred inflation around the world and sent U.S. bond…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Fortune",
        "title": "After attack on Saudi pipeline, Trump says Houthis don’t want the U.S. involved — ‘everything’s going to work out fine and dandy’",
        "url": "https://urgent.news/2026/09/12/after-attack-on-saudi-pipeline-trump-says-houthis-dont-want-the-u-s",
        "published": "2026-09-12T16:12:12.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Saudi pipeline outage threatens loss of 4% of global oil supply",
        "url": "https://urgent.news/2026/09/13/saudi-pipeline-outage-threatens-loss-of-4-of-global-oil-supply",
        "published": "2026-09-13T12:30:24.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Saudi pipeline outage threatens loss of 4% of global oil supply",
        "url": "https://urgent.news/2026/09/13/saudi-pipeline-outage-threatens-loss-of-4-of-global-oil-supply-7111210",
        "published": "2026-09-13T12:40:00.000Z"
      },
      {
        "outlet": "Jerusalem Post",
        "title": "Saudi pipeline outage threatens loss of 4% of global oil supply",
        "url": "https://urgent.news/2026/09/13/saudi-pipeline-outage-threatens-loss-of-4-of-global-oil-supply-7114441",
        "published": "2026-09-13T14:18:01.000Z"
      },
      {
        "outlet": "CNBC World",
        "title": "Oil prices rise after Saudi Arabia shut down critical pipeline that bypasses Strait of Hormuz",
        "url": "https://urgent.news/2026/09/13/oil-prices-rise-after-saudi-arabia-shut-down-critical-pipeline-that",
        "published": "2026-09-13T22:28:04.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Oil jumps as Saudi pipeline shutdown worsens global supply crunch",
        "url": "https://urgent.news/2026/09/13/oil-jumps-as-saudi-pipeline-shutdown-worsens-global-supply-crunch",
        "published": "2026-09-13T22:51:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}