Yanbu Oil Loadings Halted Amid Pipeline Attack Fallout

Saudi Arabia's Red Sea port of Yanbu has suspended oil loadings, according to shipping industry sources. This move comes days after the world's largest crude exporter closed its East-West pipeline due to an attack by Yemen's Iran-aligned Houthis.

The decision was made in response to a recent attack on the East-West pipeline, which carries oil from the country's oil fields to the Red Sea port of Yanbu. The pipeline closure has resulted in a significant reduction in Saudi Arabia's oil exports.

Saudi Aramco, the state-owned oil company, declined to comment on the suspension of oil loadings at the Yanbu terminal.