Saudi Arabia's Last Open Oil Artery Goes Dark with Hormuz Still Shut
Saudi Arabia has shut its East-West crude pipeline after drone strikes damaged pumping stations. The route had been carrying the bulk of kingdom exports while the Strait of Hormuz stays blocked. Brent has traded above the $100 mark. Yanbu storage is reported adequate for only days.
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The pipeline runs roughly 1,200 km from eastern oilfields to the Red Sea with capacity near 7 million barrels daily. It became the primary export path once Hormuz closed. Houthi advances toward Bab el-Mandeb have narrowed the remaining alternatives. India imports close to 88% of its crude.