President Trump accused Iran of being « probably » responsible for drone strikes that targeted Saudi Arabia’s East-West pipeline on September 10. The attack caused injuries and significant damage, forcing Saudi Arabia to shut down the pipeline that normally carries 4 to 5 percent of global oil supply. Brent crude briefly hit roughly $110 per barrel following the strikes. Investigations traced the drone launch point to Iraq’s Maysan province. The 1,200-kilometer pipeline was meant to serve as an alternative route, as the Strait of Hormuz remains effectively closed due to ongoing hostilities, forcing a massive rerouting of oil shipments.
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