Saudi Pipeline Shutdown Amid Escalating Conflict with Houthi Rebels
Saudi Arabia's Ministry of Energy announced it shut down its major cross-country oil pipeline after an attack, citing a precautionary measure.
The East-West pipeline, built in the 1980s, plays a crucial role in Saudi Arabia's ability to export oil following disruptions in other shipping lanes.
Houthi rebels in Yemen have been threatening Saudi oil exports through the Bab el-Mandeb Strait, where they seized coastal territory near the strait, further complicating the situation.
The Houthis' capture of Mayun Island at the southern entrance to the Red Sea has opened a new front in the Iran war and threatens Saudi oil exports through one of the world's key shipping lanes.