Iran attacks on crucial Saudi pipeline and production facilities slash kingdom’s oil output

Iran attacks on crucial Saudi pipeline and production facilities slash kingdom’s oil output

Saudi Arabia’s critical pipeline to the Red Sea suffered a recent attack from Iran, cutting throughput by 700,000 barrels per day. The attack hit a pumping station on the East-West pipeline, according to a state-news agency report. This pipeline brings crude oil from processing facilities near the Persian Gulf to an export terminal on the…

Read More