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Saudi shuts East-West pipeline after strike, restores capacity soon

By Drooid · · How we work

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Story summary
  • Saudi Arabia shut its 745-mile East-West oil pipeline after a strike damaged the line, halting Yanbu exports.
  • Officials said about half the pipeline’s capacity could be restored within days, calling the outage brief.
  • Brent futures fell 0.75% to $104 per barrel on September 18 as Saudi supply concerns eased.
  • Saudi began ship-to-ship crude transfers at Oman’s Sohar port to serve Asian refiners while the pipeline remains offline.
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