Saudi east-west pipeline will be out of service for 3-5 weeks - reportNewsAdam Button14/09/2026 | 12:58 GMT, published 14/09/2026 at 12:58 PMTagsOilAdd as a preferredsource on GoogleSummaryAP report cites unnamed officialsThe big question in energy markets this week is how long it will take to restore flows through the Saudi east-west pipeline. For background, this was the pipeline that was put into use at the start of the war and it directs oil across the country and to the Red Sea.However on Thursday morning, attacks -- purportedly from Iraq -- damaged a 100km long section of the pipe in several places.
The image above is a pumping station that appears to be completely destroyed and there's some talk there were eight separate hits.AP is out with a report saying it will take 3-5 weeks to restore flows and others say it could be more than 6 weeks. The pipeline has a 7 mbpd capacity but was running below that in the 5 mbpd range.
Some oil might flow through during repairs.It's a hugely signficant event because it undoes all the progress the US has made with the Hormuz escorts and materially tightens the global oil market at a time when strategic reserve releases are dwindling. WTI just extended gains to a sesion high at $104.
95, which is the highest since mid-May and up $4.53 on the day.In turn, US 10-year yields are up 8 bps to 4.
98%, nearing the key 5% level.Oct WTI:ADVERTISEMENT - CONTINUE READING BELOWAdvertisementAdvertisementMust ReadAdam Button on Gold, Market Noise and Risk | What Traders Need to Know Before Q4Why risk management in trading matters if you want to stay in the gameUS stocks retreat after record closesChevron and Shell shut in output at nine US Gulf facilities as storm Isaias nearsChart of the day: EUR/GBP breakdown adds to signs of euro weakness amid France's fiscal troublesWhat are the main events for today?Market playbook: Why central banks can't just print money to stop rising bond yieldsS&P 500 outlook: Short-term weakness grows, but the broader bull market holdsCrude oil short: Crude oil tests a key swing area: A place to define riskArab sources: Several severe explosions have occurred in the Strait of HormuzHeavy selling hits US stock markets on OpenAI revenue weaknessFed's Musalem says more monetary policy firming will be requiredStock Market Sector Rotation: Earnings Risks and OpportunitiesNasdaq CEO says tokenization could free tens of billions in trapped collateralConnecting the dots: How an oil price shock can ripple across global marketsEuropean stock market open: Stocks rebound as yields ease, playing catch-up to Wall Street's late recoveryAdam Button to Discuss Gold, Market Noise and Trading Risk in Webinar Next WeekAlcohol stocks: bargains, value traps and changing drinking habitsADVERTISEMENT - CONTINUE READING BELOWAdvertisementBest in 2026SponsoredGeneral Risk WarninginvestingLive is a market news and analysis platform that lists and reviews forex brokers for informational use only.
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