Saudi pipeline outage threatens loss of 4% of global oil supply
A major Saudi Arabian pipeline outage threatens to disrupt 4% of the global oil supply. Traders warn that exports will be severely impacted if the pipeline is not restarted within days.
Why it matters
A sudden 4% reduction in global oil supply could trigger significant volatility in energy markets and increase fuel prices worldwide.
LONDON, Sept 13 (Reuters) - Saudi Arabia will run out of oil stocks for exports if it doesn't restart its major pipeline to the Red…
Also covering this story
13 other newsrooms covered this event. We read each version separately.
Iraq races to contain fallout after local Iran-backed militias accused of attacking Saudi pipeline - AP News
Houthis Launch Missile, Drone Attack On Saudi Military Base
Baghdad confirms attack on Saudi pipeline came from Iraq
Oil rises after Saudi Arabia shut down pipeline that bypasses Hormuz
Fighting in Yemen intensifies, and Houthis launch more attacks on Saudi Arabia
Saudi pipeline outage threatens loss of 4% of global oil supply
Iraq seizes drone-launching platform used for targeting Saudi oil pipeline
Houthis claim attack on Saudi base as fighting flares with Yemeni forces
Houthi drone attack: Saudi oil stocks could run dry soon if key pipeline remains shut
Saudi Arabia faces nightmare scenario as Houthis threaten shipping route and drones close pipeline
Iraq scrambles to address fallout from alleged militia attack on Saudi oil pipeline
Why Saudi Arabia has few options in its conflict with the Houthis
Saudi Arabia has few options as it faces mounting threats from Iran and its allies
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in