Saudi Arabia shuts major oil pipeline amid Houthi attacks in Yemen
- Saudi Arabia has temporarily shut its East-West oil pipeline after it was attacked by drones, calling the move precautionary.
- The 1,200-km pipeline can carry 4–5 million barrels of oil daily, accounting for around 4–5% of global supply.
- The shutdown comes as Iran-backed Houthi rebels in Yemen tighten their grip on the Bab el-Mandeb Strait, a key shipping route.
- The attacks and disruptions have pushed global oil prices above $100 a barrel, raising fresh concerns over energy supplies.
Source: ndtv.com
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