Saudi Pipeline to Resume Operations Amid Ongoing Regional Tensions
A major oil pipeline in Saudi Arabia is expected to resume operations within days after being shut down by a drone attack attributed to Iran-backed militias.
The pipeline, operated by Saudi Aramco, was damaged in the attack and has been offline since earlier this month, affecting up to 4% of global oil supply.
The closure led to a surge in oil prices, with Brent crude reaching over $109 per barrel. The situation is fluid, and potential for further escalation in the region remains high.