Saudi Arabia Shuts Down East-West Crude Oil Pipeline Following Multiple Attacks
Summary
Saudi Arabia has halted operations on its East-West crude oil pipeline after an escalation in strikes by Houthi militants.
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Saudi Arabia has shut down its East-West crude oil pipeline following a series of attacks on its infrastructure.
The shutdown comes as Iran-allied Houthi militants in Yemen escalated their strikes against targets in Saudi Arabia during the week.
The East-West pipeline is a vital transit corridor for crude oil across the country, making its operational status a focal point for international energy markets.
Source: CNBC
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