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Saudi pipeline outage threatens 4% of global oil supply

Drone strikes damaged Saudi Arabia's East-West Pipeline on September 13, 2026, potentially cutting up to 4% of global crude oil supply and driving prices to their highest level since May. The disruption exacerbated existing supply concerns from Strait of Hormuz closures.

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'4% of global supply at risk': Saudi warns after Houthi attack shuts oil pipeline

rss:toi-topinternational15d ago kagi ↗

Saudi Arabia's oil exports face imminent disruption from drone attacks on a key pipeline. The kingdom has only a few days of oil stocks remaining for export. This shutdown threatens to remove a significant portion of global oil supply from markets. The east-west pipeline is crucial for bypassing the Strait of Hormuz for shipments. Saudi oil production has already reached a thirty-year low, exacerb