Saudi ArabiaDeveloping · Energy
Major oil pipeline closes after drone attack
Saudi Arabia temporarily closed its East–West oil pipeline after drones damaged the system and injured several people. Saudi Arabia and Iraq said the drones originated inside Iraq, but responsibility has not been established. The pipeline recently carried approximately 4–5% of global oil supply.
Why Americans should know: The pipeline helps bypass disrupted shipping routes in the Persian Gulf. A prolonged closure could place additional pressure on global oil supplies and American gasoline prices.
Sources Reuters · Associated Press