Drone strikes from Iraqi territory struck Saudi Arabia’s East-West Crude Oil Pipeline on September 10-11, knocking the 1,200-kilometer pipeline offline with repairs expected to take five to six weeks. The pipeline, which typically carries around 4 million barrels per day from eastern fields to the Red Sea export terminal at Yanbu, has a theoretical capacity of up to 7 million barrels per day. Brent crude prices surged more than 3% to exceed $108 per barrel on the news. This marks the second Petroline attack in 2026, following a drone strike in April that had already reduced flows by approximately 700,000 barrels per day. With Yanbu port crude stocks sufficient for only five to seven days of exports, European and Asian importers relying on Red Sea shipments face a critical supply gap before repairs are complete.
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