Saudi pipeline to reopen soon
U.S. Energy Secretary Chris Wright expects Saudi Arabia's vital East-West Pipeline to resume oil flows within days following recent attacks. The pipeline serves as a key route for global supplies while the Strait of Hormuz remains largely closed.
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United States Energy Secretary Chris Wright said crude oil should resume flowing through Saudi Arabia's East-West Pipeline within days after attacks by Iran-aligned groups. The temporary closure threatens 4% to 5% of global supply. Energy markets face renewed volatility as repair estimates vary sharply among industry sources.
