What impact does the disruption in Saudi Arabia's oil pipeline have on global supply? 🔺The East-West pipeline in Saudi Arabia, which was halted on Friday following drone attacks, was transporting approximately 4 million barrels of oil daily to the port of Yanbu on the Red Sea, and over the past six months, it had helped Saudi Arabia stay safe from the repercussions of disruptions in the Strait of Hormuz and the reduction of exports from regional countries. 🔺Informed sources have told Reuters that repairs could take five to six weeks, and the disruption in Saudi Arabia's oil pipeline could remove 4% of the global supply from the market.
Translated regional report
What impact does the disruption in Saudi Arabia's oil pipeline have on global…
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Original report: Mehr News AgencyOriginal publication Editorial policy
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