Saudi Arabia's Oil Exports at Risk of Running Out in Days Due to Pipeline Shutdown
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Insights by Echo AI
Saudi Arabia's oil buyers and traders warn that the kingdom's oil reserves earmarked for export could run out in 5 to 7 days if the East-West pipeline to the Red Sea remains shut down. This could lead to a loss of around 4% of global oil supply, according to Reuters. The pipeline was shut after drone strikes, and repair estimates range from a partial restart to as long as five to six weeks.
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ذخایر نفت عربستان سعودی که برای صادرات در نظر گرفته شدهاند، اگر فعالی...
🇸🇦Arabia Saudita se quedará sin reservas de petróleo para exportación...
Saudi Arabia will run out of oil stocks for exports if it doesn’t rest...
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