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Saudi Arabia·Middle East·Iran·Yemen·Energy·Armed Conflicts

Damaged Saudi pipeline could push oil prices higher, experts warn

Wednesday, 16 September 2026, 06:12 · 1 min read

Satellite imagery reviewed by analysts has revealed severe damage to a key pumping station along Saudi Arabia's East-West Pipeline, which carries crude oil westward for export via the Red Sea — an increasingly vital route since Iranian and US forces began attacking tankers in the Strait of Hormuz during their ongoing six-month conflict. The Saudi government has blamed Iranian-backed militias in Iraq for the strike, which occurred amid a broader escalation that also includes Houthi drone and missile attacks on southern Saudi Arabia and a Houthi seizure of territory along Yemen's southwestern coast, tightening their grip on the strategic Bab al-Mandab waterway. Experts say repairs could take more than a month, raising fears of a significant reduction in global oil supply and pushing prices — already under pressure — toward extreme scenarios, with some analysts warning of levels approaching $150 per barrel.

Sources
BBC World — Satellite image reveals major damage that shut crucial Saudi oil pipeline ↗︎El País — Un petróleo en 150 dólares, el nuevo escenario extremo tras el cierre del oleoducto saudí ↗︎
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