Saudi Arabia Closes Oil Pipeline Following Drone Attack Launched from Iraq

Amid the spillover of conflicts in the Middle East, Saudi Arabia has precautionarily closed the critical East-West oil pipeline targeted by drones launched from Iraq. While steps are being taken for the security of the pipeline, which carries 4 to 5 percent of global oil supplies, the Baghdad administration has launched an investigation into the incident.

Closure Decision on the East-West Pipeline

Saudi Arabia, acting as the world's largest crude oil exporter, has shut down the critical 1,200-kilometer pipeline that allows it to bypass the Strait of Hormuz. The Riyadh administration took this precaution after explosions and smoke were observed in an area along the pipeline.

Military and Political Move from Iraq

The Iraqi government confirmed that the attack was carried out from a province bordering Iran. Following this development, the military operations commander in Maysan province was dismissed, and a comprehensive investigation was launched into the incident.

Impact on Global Energy Shipments

According to analysts and vessel tracking data, the closed pipeline carried 4 to 5 percent of global oil supplies. The event increased pressure on global energy routes during the seventh month of the US-Iran war and as the Houthis in Yemen continued their advance.

Diplomatic Reactions and Riyadh's Stance

The Saudi Ministry of Foreign Affairs announced that it would not retaliate at this stage following a phone call from the Iraqi prime minister. The Kingdom stated that it would support the Iraqi government's efforts to prevent attacks against neighboring countries. The Gulf Cooperation Council also published a message condemning the attack.