Saudi Arabia Shuts East-West Pipeline After Attacks, Bypassing Strait of Hormuz

Following a series of attacks on Thursday, Saudi Arabia has shut down its East-West oil pipeline, the main alternative route that bypasses the Strait of Hormuz. The Ministry of Energy revealed this precautionary closure on Friday through social media. Several injuries were reported due to the attacks, and emergency teams are currently assessing the pipeline's safety and securing the area. This pipeline has been vital for Saudi oil exports, especially after disruptions caused by the war in Iran. The recent days have seen escalated conflict in the Middle East, with Yemen's Houthis claiming responsibility for assaults on Saudi energy sites in Abha, Najran, and Jazan. Meanwhile, the US has targeted Iranian oil tankers. Oil prices remained stable, with Brent futures around US$105 per barrel, despite a surge to nearly US$110 on Thursday amid concerns over regional energy supply impacts. Celebrations among Houthi supporters were noted in Sanaa on Friday, marking advances by rebel forces along Yemen's Red Sea coast.