Satellite images show damage to Saudi pipeline

The discovery of widespread damage to the Saudi East-West Pipeline following targeted attacks has led to its precautionary shutdown since last Thursday. This poses a risk of reducing global oil supplies by up to 4%. Saudi authorities confirmed that the attacks were carried out by drones coming from Iraq, while the Iraqi Islamic Resistance denied any responsibility, considering the incident an attempt to divert attention. Threats to the oil market continue, with warnings that inventories could run out within days if the pipeline is not restarted. This pipeline is one of the most vital routes for oil transportation and serves as a geopolitical safety valve for the Kingdom. It is expected that repairing the damage could take several months and possibly up to a year, amid unprecedented escalation following the attacks and threats from Iraqi factions indicating they are not involved.

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