Saudi Arabia shuts critical oil pipeline after drone attack: What it means - aljazeera.com

Saudi Arabia shuts critical oil pipeline after drone attack: What it means - aljazeera.com

Source: aljazeera.com

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DW NOTE

Saudi Arabia is absorbing strikes it would have retaliated for five years ago. The kingdom's calculus has changed: with Brent at $104 and supply down 4.3 million barrels per day this year, every pipe matters more than every slight. The attack follows Iran's September 11 strike on Hormuz infrastructure — part of a two-month closure that has already crimped 5 million barrels per day of capacity.

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