According to sources familiar with the matter, Saudi Aramco is in the process of circumventing the damaged section of its oil pipeline and plans to restore about half of its capacity within a few days. The overall restoration is expected to take about six weeks. On Friday, the pipeline was attacked and damaged by drones, and the Saudi side immediately shut down the pipeline. The supply interruption triggered a direct reaction in the oil market: the spot price of Brent crude oil is already $105 per barrel. After the pipeline was shut down last Friday, traders estimated that Saudi Arabia's export stocks in Yanbu could only be maintained for 5 to 7 days, after which the country's fuel supply capacity to the global market would be severely curtailed.

According to sources familiar with the matter, Saudi Aramco is in the process of circumventing the damaged section of its oil pipeline and plans to restore about half of its capacity within a few days. The overall restoration is expected to take about six weeks. On Friday, the pipeline was attacked and damaged by drones, and the Saudi side immediately shut down the pipeline. The supply interruption triggered a direct reaction in the oil market: the spot price of Brent crude oil is already $105 per barrel. After the pipeline was shut down last Friday, traders estimated that Saudi Arabia's export stocks in Yanbu could only be maintained for 5 to 7 days, after which the country's fuel supply capacity to the global market would be severely curtailed.