Saudi East-West Pipeline Damaged in Strike
· World · BBC News, LiveMint
Satellite imagery reveals severe damage to a pumping station along Saudi Arabia's East-West Pipeline following a strike last week. The pipeline closure has reduced oil supplies by up to 3.6 million barrels per day, driving Brent crude trading near $108 a barrel. Trade intelligence firm Kpler estimates that repairs could take more than a month due to spare-parts availability and supply chain constraints. The Saudi government blamed the attack on Iranian-backed militias in Iraq, following separate drone and missile strikes by Yemen's Houthi group. Saudi Arabia responded by carrying out air strikes on Houthi-controlled areas in western Yemen.
Why it matters
The pipeline shutdown constrains global crude supplies by over 3 percent and keeps oil prices elevated, directly impacting energy import costs for consuming nations.
Read the original report — BBC News
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