Thursday, May 7, 2026
Saudi Arabia’s oil pipeline bypassing Hormuz damaged in Iranian attack, source says- oil and gas 360

Saudi Arabia’s oil pipeline bypassing Hormuz damaged in Iranian attack, source says

(BOE Report) – Saudi Arabia’s crucial East-West oil pipeline, currently its only outlet for crude exports, was hit in an Iranian attack and other facilities in the kingdom were also targeted, an industry source told Reuters on Wednesday. The pipeline was diverting around 7 million barrels per day (bpd) from the kingdom’s oil heartland in the east to the Red