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Saudi Arabia reopens key oil pipeline after major drone damage

Saudi Arabia reopens key oil pipeline after major drone damage

Saudi Arabia has partially reopened its critical East-West pipeline following damage from Houthi drone attacks. The pipeline serves as a key export route while the ongoing blockade of the Strait of Hormuz continues to restrict global shipping and drive up international oil and fuel prices.

Saudi Arabia has resumed limited operations on the East-West pipeline following significant damage caused by Houthi drone attacks last week. The 1,200-kilometer infrastructure serves as a vital alternative for oil exports, particularly as the ongoing blockade of the Strait of Hormuz continues to disrupt global shipping routes and keep international oil prices elevated. Reports indicate that full restoration of transport capacity through the pipeline is expected to take approximately six weeks.

The conflict between Iran and the United States, which began in February, has stranded hundreds of oil tankers, causing global Brent crude prices to reach 98.04 dollars per barrel. Iran has expressed a willingness to lift the blockade on the Strait of Hormuz if the United States ceases hostilities and ends the restriction of Iranian ports. These supply chain disruptions have directly impacted consumers, with fuel prices in the Netherlands remaining high, currently costing 2.703 euros per liter for gasoline and 2.81 euros for diesel.

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

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