Walter BloombergEnergy

SAUDI OIL PIPELINE COULD BE DOWN FOR WEEKS Saudi Arabia’s East-West oil pipeline could remain largely offline for 3–5 weeks following last…

SAUDI OIL PIPELINE COULD BE DOWN FOR WEEKS Saudi Arabia’s East-West oil pipeline could remain largely offline for 3–5 weeks following last week’s drone attack, AP reports. The pipeline can carry up to 7 million barrels per day to the Red Sea, bypassing the Strait of Hormuz. Partial operations may resume during repairs, but the prolonged disruption adds further pressure to global oil supply.
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