September 11, 2026 [Oil Price]- Saudi Arabia’s East-West oil pipeline system was attacked, with multiple pumping stations hit, raising concerns over a critical crude export route. U.S. officials reported that drones, likely launched from Iraq, struck the infrastructure, causing significant fires and smoke visible via satellite imagery. The extent of damage to the pipeline itself remains unclear, as does the timeline for repairs. This incident follows recent attacks on Saudi energy facilities and highlights the vulnerability of the kingdom’s oil infrastructure amidst ongoing regional tensions involving Iran-backed militias.
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