New concerns in the global energy market after the closure of a vital pipeline in…

New concerns in the global energy market after the closure of a vital pipeline in Saudi Arabia. Following ongoing tensions in the region and the implementation of equations in Yemen under the banner of siege against siege and escalation against escalation towards Riyadh, the closure of the east-west oil pipeline in Saudi Arabia has raised concerns about disruptions in global crude oil supply. The east-west pipeline, especially after disruptions caused by the war in the region, is a vital artery for Saudi Arabia’s oil exports, with a capacity of about seven million barrels per day, and reached its full operational capacity earlier this year after tanker traffic in the Strait of Hormuz was nearly halted.