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World · 3 hours ago

Saudi Arabia pipeline closure could stop oil exports in days

Saudi Arabia pipeline closure could stop oil exports in days

Saudi Arabia's East-West oil pipeline, which carries 4 million barrels daily, was shut down on Friday after drone attacks. Industry sources say the port of Yanbu, which the pipeline feeds, can only maintain exports for five to seven days. The repair work might last for as long as six weeks, which could impact around 4% of the world's oil supply and drive up prices.

Reported by newsweek.com · How we write briefs

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