nuSep 15, 2026, 13:12

Saudi oil exports hindered by pipeline attack and Houthi advance

Saudi Arabia's oil exports are facing severe disruptions after a drone attack damaged the critical East-West pipeline, with repairs expected to take several weeks. Concurrently, Houthi rebels in Yemen are threatening shipping routes through the Bab el Mandeb strait, prompting rising global oil prices and increased fuel costs in the Netherlands.

Saudi Arabia faces significant oil export disruptions following a drone attack on its 1,200-kilometer East-West pipeline. Repairs are expected to take several weeks, potentially removing up to four percent of global oil supply from the market. As a result, international oil prices have surged to their highest levels since May, directly impacting fuel costs for consumers in the Netherlands, where gasoline prices rose by 4 cents per liter.

The situation is compounded by the Houthi rebels' strategic advancements in Yemen, particularly their takeover of areas near the Bab el Mandeb strait. This chokepoint is critical for oil tankers traveling to Asia and Europe. With threats rising in both the Strait of Hormuz and the Bab el Mandeb, Saudi Arabia may be forced to utilize emergency stockpiles stored in locations like the Netherlands to maintain export levels. If transit routes remain insecure, the country risks further production cuts, which would likely lead to additional global supply volatility and increased fuel prices.

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Based on reporting by nu. Translated and condensed by LocalHeadlines.

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