Petroline

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  • Saudi Arabia’s Oil Escape Route Is Hit — New Shock Looms for Brent and Tanker Rates

    Saudi Arabia’s Oil Escape Route Is Hit — New Shock Looms for Brent and Tanker Rates

    Riyadh has shut the strategic East–West Pipeline after drone attacks launched from Iraq. With Hormuz already disrupted and the Houthis tightening their grip around Bab el-Mandeb, the global oil market is confronting a dangerous squeeze on both of Saudi Arabia’s main export corridors.

    Saudi Arabia’s Oil Escape Route Is Hit — New Shock Looms for Brent and Tanker Rates