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Saudi Restarts 7 Million-Barrel Pipeline, Easing Oil Supply Fears

By Drooid · Sep 25, 2026, 10:23 AM UTC · How we work

Summary

Saudi Restarts Pipeline

Saudi Arabia restarted its 7-million-barrel-per-day East-West oil pipeline, easing supply concerns.
U.S. West Texas Intermediate fell to $89.66 per barrel after the pipeline restart.
Brent crude dropped to $99.25 per barrel following the same development.
Saudi forces intercepted six Houthi-launched ballistic missiles, highlighting ongoing regional threats.
Retail gasoline rose to $4.47 per gallon, about 50 % higher than at the Iran war’s start.

Summary

Fed Raises Rates

The Federal Reserve (Fed) raised rates last week, citing an energy-price shock from higher oil prices.
The U.S. Strategic Petroleum Reserve fell to its lowest level since 1982, still holding over 284,000 barrels.
Energy Secretary Chris Wright asked major refiners to consider voluntary diesel export restrictions as domestic prices rise.
Futures price shows roughly a 70% chance of another Fed rate increase in October.

History

Historical Context

In October 1973 OAPEC, led by Saudi King Faisal, embargoed the United States, pushing crude from $3 to nearly $12 per barrel—a 300 % rise. The shock led Nixon to create the Federal Energy Office, coordinating the oil response. Today, Saudi Arabia’s East-West pipeline restart and a Fed rate hike revive concerns about supply-driven inflation.

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Saudi Restarts Pipeline

Saudi Arabia restarted its 7-million-barrel-per-day East-West oil pipeline, easing supply concerns.
U.S. West Texas Intermediate fell to $89.66 per barrel after the pipeline restart.
Brent crude dropped to $99.25 per barrel following the same development.
Saudi forces intercepted six Houthi-launched ballistic missiles, highlighting ongoing regional threats.
Retail gasoline rose to $4.47 per gallon, about 50 % higher than at the Iran war’s start.

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