European crude importers are racing to secure new oil shipments as markets brace for the loss of up to 4% of global supplies into October following attacks on Saudi oil infrastructure.
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The Saudi Arabian Energy Ministry said the shutdown of the East-West pipeline, which is an increasingly critical means to send oil from the Persian Gulf to the Red Sea, was a precautionary measure.
Reports and satellite imagery indicate fresh attacks by Houthi militants on Saudi Arabia’s East-West Pipeline, though there is no official confirmation from Aramco or Saudi authorities. The Petroline, a key oil export route bypassing the Strait of Hormuz, remains a focal point as analysts note poten…
Yemen’s Iran-aligned Houthis reached the strategic island of Perim in the Bab el-Mandeb Strait on Friday, four Yemeni government sources told Reuters, moving to tighten their grip on a vital global shipping route in the widening Middle East war.
By Kylie Atwood, Katie Bo Lillis, Thomas Bordeaux, Zachary Cohen, CNN (CNN) — A key oil pipeline system in Saudi Arabia was struck by projectiles on Thursday, according to two US officials familiar with the matter.
By Kylie Atwood, Katie Bo Lillis, Thomas Bordeaux, Zachary Cohen, CNN (CNN) — A key oil pipeline system in Saudi Arabia was struck by projectiles on Thursday, according to two US officials familiar with the matter.
Saudi Arabia’s critical East-West oil pipeline system was struck on Thursday, with multiple pumping stations hit in an attack that could threaten one of the kingdom’s most important crude export routes, according to CNN, citing two U.S. officials familiar with the matter.
Saudi Arabia said its East-West pipeline was shut as a precaution after Thursday attacks that injured several people and prompted emergency measures, with authorities citing increasing Houthi aggression tied to Iran in the Yemen conflict.
Sept 11 (Reuters) - Saudi Arabia said drones launched from Iraq attacked its East-West pipeline, but said it would not retaliate for now following a request from Iraq's prime minister, while reserving the right to take all necessary measures to protect its sovereignty, security and critical faciliti…
Saudi Arabia on Friday moved to halt a key oil pipeline used to bypass the Strait of Hormuz after Iranian-backed Houthi militants launched a series of attacks the day prior, dealing another blow to the kingdom’s ability to move oil.
Saudi Arabia said Friday that it had halted operations on the kingdom’s vital East-West crude oil pipeline as a precaution after a wave of drone strikes launched from Iraq. According to a report from CNBC, the unmanned aircraft struck the line in the Riyadh and Medina regions on Thursday morning, sp…
A senior Saudi official told The Wall Street Journal that Thursday's attacks originated from Iraq, where Iranian-backed militias have been relentlessly targeting the kingdom's infrastructure in a calculated effort alongside the Houthis to widen the war in the Middle East.
CAIRO — Saudi Arabia said Friday it shut down a major pipeline a day after it was attacked by drones, and Yemen’s Iranian-backed Houthi rebels captured a strategic island at the southern entrance to the Red Sea, two officials said, opening a new front in the Iran war.
By Mohammed Ghobari, Eman Abouhassira and Yasmine Ghania ADEN/DUBAI, Sept 12 (Reuters) - Saudi Arabia has shut down its East-West pipeline after the vital oil conduitcame under aerial attack in the widening Middle East war.
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