Houthi drone attack: Saudi oil stocks could run dry within days if key pipeline remains shut

(Representative image): Saudi Arabia told OPEC that its output fell to 6.2 million barrels per day in August. Saudi faces a growing supply problemSaudi oil production already at 30-year lowMore pressure on Saudi oil routesSaudi Arabia could run out of oil stocks for export within days if it fails to restart a major pipeline hit by drone attacks. The stocks could eventually run out if the pipeline remains offline.The east-west pipeline was shut on Friday after drone attacks damaged the route. That is roughly 4% of global oil supply.The pipeline's shutdown now threatens that alternative route.Saudi Arabia has some additional stocks at Egyptian ports. Ain Sukhna can hold about 18 million barrels, while Sidi Kerir has capacity for around 20 million barrels.But the storage facilities are not full.

Source: Times of India September 14, 2026 05:52 UTC