Oil prices rise after drone attacks shut down Saudi Arabia’s East-West pipeline - The Guardian
Oil prices rise after drone attacks shut down Saudi Arabia’s East-West pipeline - The Guardian
Source: The Guardian
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DW NOTE
Saudi Arabia's East-West pipeline was built specifically to bypass the Strait of Hormuz — it moves 5 million barrels per day from eastern oilfields to Red Sea export terminals. If drone attacks have shut it down while Hormuz remains effectively closed, Saudi Arabia has just lost both primary export routes simultaneously. Oil at $100 was already pricing persistent supply disruption; this removes the workaround.