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Saudi east-west pipeline will be out of service for 3-5 weeks - report
AP report cites unnamed officials
The big question in energy markets this week is how long it will take to restore flows through the Saudi east-west pipeline. For background, this was the pipeline that was put into use at the start of the war and it directs oil across the country and to the Red Sea.
However on Thursday morning, attacks -- purportedly from Iraq -- damaged a 100km long section of the pipe in several places. The image above is a pumping station that appears to be completely destroyed and there's some talk there were eight separate hits.
Saudi east-west pipeline will be out of service for 3-5 weeks - report
AP report cites unnamed officials
The big question in energy markets this week is how long it will take to restore flows through the Saudi east-west pipeline. For background, this was the pipeline that was put into use at the start of the war and it directs oil across the country and to the Red Sea.
However on Thursday morning, attacks -- purportedly from Iraq -- damaged a 100km long section of the pipe in several places. The image above is a pumping station that appears to be completely destroyed and there's some talk there were eight separate hits.
