(April 8): A key Saudi oil pipeline to the Red Sea suffered only limited damage from an earlier drone strike on one of its pumping stations, according to people familiar with the matter. The damage from the strike on Wednesday afternoon was limited and contained, the people said. One of the people said that the pipeline was not shut down as a result of the strike. Saudi Aramco earlier declined to comment on the strike. A shipping agent and trader both said that loadings continued at the port of Yanbu without any interruption on Wednesday.

Source: The Edge Markets April 08, 2026 14:40 UTC