Saudi Oil Pipeline Shutdown Sparks Global Energy Fears
A drone attack has left a key Saudi oil pipeline offline, sparking concerns over global energy supplies. The shutdown comes as Iran-backed Houthis have secured territory along the Bab el-Mandeb Strait, threatening Red Sea shipping and oil infrastructure.
According to Fox News' Steve Harrigan, the pipeline remains offline following the drone attack, raising fears of a potential disruption to global oil markets.
The Bab el-Mandeb Strait is a critical chokepoint for international trade, with over 30% of global oil shipments passing through it.