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Saudi Arabia blocks key oil route after drone attack

Saudi Arabia blocks key oil route after drone attack

The region has experienced a serious escalation threatening oil transportation routes and trade. The Saudi East-West oil pipeline was temporarily closed after being targeted by drone attacks launched from Iraq, resulting in injuries and damage. The pipeline is one of the kingdom’s most important sources of oil supply. Additionally, the Houthis took control of Perim Island in the Bab el-Mandeb Strait, which connects the Red Sea to the Suez Canal, further disrupting energy supplies and increasing regional tensions. Saudi Arabia requested military assistance from the United States, but the latter refused direct intervention, providing only intelligence support amid concerns that the escalation could impact oil prices, which have already exceeded $100 per barrel.

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