The Saudi Ministry of Energy, in the name of Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, issued the following statement:

“The East-West Oil Pipeline, extending between the Eastern Province and the Red Sea ports, was subjected to multiple attacks on Thursday morning in the Riyadh and Medina regions, resulting in several injuries. The pipeline was subsequently shut down as a precautionary measure. Security and technical teams immediately responded to the incident and took the necessary measures to secure the pipeline and assess its integrity in accordance with approved emergency plans.”

Security Developments

• Precautionary shutdown: The aerial attacks, reportedly carried out by drones, prompted a temporary shutdown of the pipeline to assess the extent of the damage and protect critical infrastructure.

• Casualties: Several people were reportedly injured, with medical care provided at the affected sites.

• Oil flows: The disruption temporarily affected the movement of approximately 4–5 million barrels per day transported through the pipeline as an alternative route to avoid disrupted maritime corridors.

Expected Impact

• Global oil markets: A higher risk premium and an immediate surge in crude prices, potentially pushing prices above the $100-per-barrel threshold amid concerns over global supply disruptions.

• Export-route congestion: Increased logistical pressure on oil transportation through the Red Sea and Strait of Hormuz, potentially extending supply-chain transit times and raising insurance and shipping costs.

• Rising regional risks: The targeting of critical energy infrastructure is expanding to major overland oil routes, increasing geopolitical tensions and triggering heightened security measures across the region.

Bottom Line

The temporary shutdown of the East-West Oil Pipeline represents a direct disruption to a key alternative artery for Saudi oil exports. If prolonged, the disruption could deepen pressure on global energy markets and drive sharp price increases amid growing security risks across the region.