Satellite images show extent of damage to major Saudi pipeline, as global oil supply fears

A report from The Guardian — Business focuses on “Satellite images show extent of damage to major Saudi pipeline, as global oil supply fears” and sets out the main development contained in the supplied source material.

Saudis yet to provide details about damage from drone attack to key east-west pipeline to Red Sea that could affect 4% of global oil supply Saudi Arabia is expected to run out of oil ⁠stocks for export if it ⁠doesn’t restart a drone-damaged major ​pipeline to the Red Sea within days, leading to the loss of up to 4% of global supply, Saudi oil buyers and traders stated. The report also notes that Satellite photos released on Sunday night appeared to show a pumping station on the key 1,200km (745-mile) Saudi east-west pipeline charred and badly damaged, following drone attacks on Friday.

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