**Saudi Pipeline Shutdown Tightens Oil Risk**

Saudi Arabia shut the **East-West pipeline** after attacks interrupted the land route to Yanbu on the Red Sea. The pipeline had moved **4 million to 5 million barrels a day** in recent months, allowing exports without tankers passing through Hormuz.

Saudi Arabia called the shutdown **precautionary** and gave no restart date or estimate of lost exports. Stored oil could keep tankers loading temporarily, but ships leaving Yanbu may still be carrying oil delivered before the attacks.

Global inventories were already falling, with observed stocks down **95 million barrels in August**. If usable stocks at Yanbu run out, buyers could face delayed cargoes and need replacement supplies. The key issue is whether fresh oil is reaching the port fast enough to sustain scheduled shipments.

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