Yanbu Oil Loadings Halted After Pipeline Closure
Saudi Arabia's Red Sea port of Yanbu has suspended oil loadings following an attack that led to the closure of the East-West pipeline.
The move comes after Saudi Aramco increased use of the terminal since the US war on Iran began on February 28. However, the company declined to comment on the suspension.
The exact reasons behind the suspension and its potential impact on global oil markets remain unclear at this time.