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2026-09-18 19:08:10
[Saudi Arabia Urgently Repairs Key Oil Pipeline; Global Oil Market Focuses on Recovery Progress] ⑴ Saudi Arabia plans to restore approximately half of the capacity of its east-west oil pipeline within days, after drone attacks forced the closure of this crucial export route. ⑵ The pipeline can transport up to 7 million barrels per day, of which approximately 4 million barrels are Saudi crude oil exported via it, equivalent to about 4% of global oil supply. ⑶ Therefore, its closure poses a significant threat to the international oil market at a time when global supply is already severely disrupted. ⑷ Saudi Aramco is attempting to bypass the damaged section, but full-capacity recovery may take approximately six weeks. ⑸ The disruption has already affected European refiners, some of whom have been forced to seek alternative sources of cargo ships due to a surge in regional crude oil prices. ⑹ The global oil market is watching how quickly Saudi Arabia can restore this critical supply route.
