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2026-09-17 11:32:09
[Saudi Aramco plans to restore about half of the capacity of the damaged pipeline within days; full repair may take six weeks] (1) According to sources, Saudi Aramco is working to bypass the damaged section of its oil pipeline and plans to restore about half of the capacity within days. The full repair is expected to take about six weeks. (2) The pipeline was attacked and damaged by drones last Friday, and Saudi Arabia immediately shut it down. (3) The supply disruption triggered a direct reaction in the oil market: the spot price of Brent crude oil has reached US$105 per barrel. (4) After the pipeline was shut down last Friday, traders estimated that Saudi Arabia's export inventory in Yanbu could only last for 5 to 7 days, after which the country's oil supply capacity to the global market would be severely reduced.
