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Satellite image reveals major damage that shut crucial oil pipeline
BBC • • general
Key Points:
- Satellite imagery reveals severe damage to a key pumping station on Saudi Arabia's East-West Pipeline following a strike, potentially taking over a month to repair and risking further increases in global oil prices.
- Saudi Arabia accuses Iranian-backed militias in Iraq of the pipeline attack, which follows intensified missile and drone assaults by Iran-backed Yemeni Houthi forces, prompting Saudi retaliatory strikes in Yemen.
- The Houthis have recently expanded control over strategic areas along Yemen's south-western coast, including the Bab al-Mandab waterway, enhancing their ability to enforce blockades on Saudi shipping.
- The pipeline closure has caused Brent crude oil prices to surge above $108 per barrel, with experts estimating a potential supply reduction of up to 3.6 million barrels per day, about 3.6% of global demand.
- Recent Houthi attacks have also damaged Saudi military infrastructure, including the King Khalid Air Base, injuring civilians and escalating the ongoing conflict between Saudi-led coalition forces and Houthi militants.
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