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  • Saudi pipeline outage threatens loss of 4% of global oil supply

    09/13/2026 7:22:50 PM PDT · by Mount Athos · 22 replies
    Aol.com (Reuters) ^ | September 13, 2026 | Alex Lawler and Dmitry Zhdannikov
    Saudi Arabia will run out of oil stocks for exports if it doesn't restart its major pipeline to the Red Sea within days, leading to a loss of up to 4% of global supply, Saudi oil buyers and traders said. A further decline in Saudi flows will worsen the global supply crunch, which has already pushed global fuel prices to record highs, spurred inflation around the world and sent U.S. bond yields to the highest levels since the 2008 financial crisis. Since drone attacks forced Saudi Arabia to shut its huge east-west oil pipeline on Friday, Riyadh has not given...