Escalation: Houthis strike Saudi East-West pipeline
U.S. Energy Secretary Chris Wright said Saudi Arabia’s East-West crude oil pipeline will start operating again “very soon,” and that the outage will be “measured in days.” The line was shut late last week after Houthi drone strikes damaged it.
Saudi civil defense said the immediate danger had passed in several cities, including Yanbu on the Red Sea. Oil prices climbed to $105.83 for U.S. crude and $108.75 for Brent on Tuesday, and Wright’s timeline replaces earlier expectations that the line would be offline for weeks.
Synthesized from 27 sources
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AI-synthesized from multiple reported sources