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Policy geopoliticsSaudi ArabiaDeveloping story

Saudi Arabia temporarily shuts East–West oil pipeline after drone attack, tightening Red Sea energy risks

On 12 September 2026 Saudi Arabia temporarily closed its 1,200km East–West oil pipeline after a drone attack, halting a flow reported at about 4–5 million barrels per day and helping push global oil prices above $100 a barrel as Red Sea transit risks rose.

On 12 September 2026 Saudi Arabia temporarily closed its 1,200km East–West oil pipeline after a drone attack, halting a flow reported at about 4–5 million barrels per day and helping push global oil prices above $100 a barrel as Red Sea transit risks rose.

The shutdown raises an energy risk premium and could raise costs for African oil importers through higher crude and refined-fuel prices and potentially higher freight rates if ships avoid Bab el‑Mandeb. Egypt may see redirected flows through Suez/SUMED and associated longer routes; Djibouti faces localized maritime and humanitarian strain from Red Sea disruptions. The scale and duration of effects depend on whether the pipeline reopens and on shifts in shipping patterns.

Confirm official Saudi statement on pipeline restart or an IEA/agency update on export volumes and duration of disruption.

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Further independent confirmation is required.

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