#SaudiOilPipelineClosed

Black smoke was seen near Saudi Arabia's East-West oil pipeline in satellite imagery reviewed by Reuters. There has been no confirmation of an attack or other incident at the location. The development comes as Saudi crude output falls to its lowest level in more than three decades and global oil prices remain above $100 a barrel. $CL

Brent crude spiked to 112.50 and gave the whole move back within a day. It's sitting at 100 now, right where the run started. That wick is the tell. Panic buying on a headline, no follow through, and every bounce since has been sold into the falling MAs. Oil matters for crypto because it feeds straight into inflation expectations, and that feeds into rate cut odds. A calm oil price takes one pressure off risk assets. Under 100, I'd expect 95.87 next $BZ #SaudiOilPipelineClosed

Saudi oil supply risk is rising as a key pipeline was reportedly shut down after drone attacks. Oil spiked toward $109 before falling near $104 on hopes of de-escalation. If the disruption worsens, $CL and $BZ could face another sharp move. Meanwhile, $BTC around $77K remains under pressure. Best move: stay cautious and avoid chasing volatility. ⚠️ $BTC $CL $BZ #沙特关闭关键输油管道，供应风险升级

A bypass only reduces risk while it remains available. The closure of Saudi Arabia's key Red Sea oil pipeline puts the resilience of alternative routes in focus, beyond Hormuz itself. My read: the macro test is whether this becomes a sustained supply constraint. If it does, the implications for inflation could matter more to global risk assets than the initial headline. #SaudiOilPipelineClosed

Breaking News: A drone attack launched from Iraqi territory led Saudi Arabia to shut down a critical oil pipeline, heightening fears that widening clashes in the region could further disrupt energy supplies.

🚨🇸🇦🇮🇶 Saudi Arabia shut its main oil pipeline after drones from Iraq hit its pump stations Riyadh's foreign ministry blamed drones out of Iraq for strikes on the East-West pipeline in the Riyadh and Madinah regions, reporting injuries and damage still being assessed. The energy ministry shut the line as a precaution. Satellite images show extensive fire damage at one pumping station near Al Mesba'ah. The kingdom says it will not retaliate for now, at the Iraqi prime minister's request, to let Baghdad act against attacks launched from its soil. That pipeline is the kingdom's lifeline. Roughly 5 million barrels a day that once loaded in the Persian Gulf now cross the country to Yanbu because Iran shut Hormuz, and Saudi production just fell to its lowest since 1990. Consider the box Riyadh is in. Its pipeline gets hit from Iraq, its Red Sea exit sits behind a coast the Houthis took this week, and its own defense minister warned Washington in July that Tehran would do exactly this through the proxies it has left. Choosing not to strike back at Iraq is the only move that keeps this from becoming a third front. Source: CNN, Al Jazeera / Writer: Daniel

The Saudi Pipeline Attacks Just Redefined Middle East Oil Risk

BREAKING: Gulf Cooperation Council condemns attack from Iraq on Saudi Arabia's East-West oil pipeline as a 'dangerous escalation'

Saudi Arabia's Petroline was just struck and has been shut down. This pipeline carries oil from eastern fields out to the Red Sea and is one of the main ways to bypass the Strait of Hormuz. Regardless of who claims responsibility, Iran has made it clear that no oil will leave the region unless they allow it. #saudiarabia #crudeoil #geopolitics

Oil prices set to rocket after Saudi Arabia pipeline comes under attack from drones launched from Iraqi territory as the Houthis take over strait vital to global shipping