The Saudi news agency reported on Thursday, citing an official source from the Ministry of Energy, that the attack on Saudi energy facilities had reduced the country's oil production capacity by about 600,000 b/d, and the east-west pipeline's oil transportation volume was reduced by about 700,000 b/d. Sources did not specify the attackers, but Saudi Arabia has intercepted several Iranian missiles and drones in recent weeks. SPA said that, including previous attacks on some facilities, recent attacks also disrupted the operation of key oil and gas, refining, petrochemical and power facilities in places such as Riyadh, Eastern Province, and Yanbu Industrial City. Kpler analyst Matt Smith said, “Large quantities of Saudi crude oil that cannot be transported through the Strait of Hormuz are being transferred through east-west pipelines. Any drop in production would exacerbate the tight supply situation, which is definitely not good news for the market.”

The Saudi news agency reported on Thursday, citing an official source from the Ministry of Energy, that the attack on Saudi energy facilities had reduced the country's oil production capacity by about 600,000 b/d, and the east-west pipeline's oil transportation volume was reduced by about 700,000 b/d. Sources did not specify the attackers, but Saudi Arabia has intercepted several Iranian missiles and drones in recent weeks. SPA said that, including previous attacks on some facilities, recent attacks also disrupted the operation of key oil and gas, refining, petrochemical and power facilities in places such as Riyadh, Eastern Province, and Yanbu Industrial City. Kpler analyst Matt Smith said, “Large quantities of Saudi crude oil that cannot be transported through the Strait of Hormuz are being transferred through east-west pipelines. Any drop in production would exacerbate the tight supply situation, which is definitely not good news for the market.”