Saudi Arabia shuts critical oil pipeline after drone attack: What it means - Al Jazeera

Saudi Arabia shuts critical oil pipeline after drone attack: What it means - Al Jazeera

Source: Al Jazeera

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DW NOTE

Saudi Arabia ships 6.6 million barrels a day through the East-West pipeline to Red Sea terminals — because Hormuz has been shut for two months. A drone attack that closes this backup route doesn't shift the supply picture, it ends it. Oil hit $100 this week. It won't stay there.

Read the full story at Al Jazeera →