Saudi Arabia East-West pipeline damaged; 4-5% global oil supply at risk

Intelligence summary

BIG | 🇸🇦🛢️🌍‼️‼️ Damage to Saudi Arabia’s critical East-West oil pipeline now threatens to remove the equivalent of roughly 4–5% of global oil supply from an energy market already under severe pressure, Reuters reports. The pipeline has recently been carrying around 4–5 million barrels per day to the Red Sea port of Yanbu, allowing Saudi Arabia to bypass the heavily disrupted Strait of Hormuz. Reuters sources say repairs could take as long as five to six weeks, while available storage may su