EconomyWhy Saudi Arabia’s East-West pipeline matters for global oil
Saudi Arabia suspended its 1,200km East-West oil pipeline after drones struck it near Riyadh and Medina. Carrying about 4–5 million barrels per day to the Red Sea port of Yanbu, the route bypasses the disrupted Strait of Hormuz. Its closure could affect up to 5 percent of global oil supply, with repairs potentially taking days or five to six weeks.
Why Saudi Arabia’s East-West pipeline matters for global oil
EconomyMAJOR