Saudi Oil Pipeline Attack, Houthi Gains Raise Global Supply Fears
Saudi Arabia’s East-West Pipeline could remain largely shut for weeks as Houthi advances across strategic Red Sea islands add pressure to oil export routes.
Saudi Arabia’s East-West Pipeline could remain largely out of service for several weeks following an attack, while Houthi forces have expanded their control over strategic Red Sea islands. The developments have increased pressure on Saudi Arabia’s oil export routes and pushed crude prices higher.
The 1,200-kilometre pipeline carries crude from Gulf ports to Yanbu on the Red Sea, allowing Saudi Arabia to ship oil without relying entirely on routes through the Persian Gulf. Regional officials said repairs could take three to five weeks, although limited operations may continue during the work.
The disruption comes as Saudi Arabia faces reduced export options because of the wider Iran war and attacks on shipping through the region. Rystad Energy estimated the pipeline had been carrying between 2.6 million and 4 million barrels of crude per day since late August. Brent crude rose above USD 109 amid concerns about a potential supply shortfall.
Meanwhile, Houthi forces have reportedly captured the Greater and Lesser Hanish islands near the Bab el-Mandeb Strait, following earlier gains in Mokha and Mayun. The strategic locations could give the group greater influence over shipping routes connecting the Red Sea with global markets.
The escalating fighting has also worsened Yemen’s humanitarian crisis. The World Health Organization said more than 500 people were killed in Yemen over the past week, while nearly 94,000 people have been displaced.
