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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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
Oil prices have climbed to their highest since May as disruptions to flows through the Strait of Hormuz and the temporary shutdown of Saudi Arabia’s East-West Pipeline tighten global supply.