Iranian Attacks Cut Saudi Oil Output by 600,000 Barrels, Push Crude Prices Near $97

Missile and drone strikes have significantly disrupted Saudi Arabia’s oil production capacity and pipeline infrastructure, raising fresh concerns over global energy security, according to reports. The damage has affected key facilities including oil fields, refineries, and petrochemical plants across the kingdom, marking one of the most serious strains on the country’s energy system in recent years.

According to the Saudi Press Agency, more than 600,000 barrels per day of production capacity has been impacted following a series of attacks. The disruptions include strikes on a pumping station linked to the strategic East-West pipeline, which has reduced throughput by an estimated 700,000 barrels per day. These developments come amid escalating tensions in the Middle East and ongoing conflict-related risks to critical infrastructure.

The East-West pipeline, a vital route that transports crude oil from eastern fields near the Persian Gulf to the Red Sea port of Yanbu, has been partially affected but continues to operate in a limited capacity. While Saudi Arabia has attempted to reroute exports through alternative channels, repeated strikes have complicated efforts to stabilize output and maintain consistent global supply flows.

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Industry estimates suggest the reduction in output capacity represents nearly one-tenth of Saudi Arabia’s pre-war crude export levels. Analysts note that such disruptions are particularly significant given the kingdom’s role as one of the world’s largest oil exporters, making it a central pillar in balancing global energy markets.

International crude prices have already surged sharply since the escalation of conflict, with benchmark oil trading near $97 per barrel and recording gains of more than 30 per cent in recent months. Market observers warn that continued instability could widen supply gaps, especially if further damage affects production or export infrastructure.

Authorities have confirmed that several facilities, including offshore and onshore production sites, have been struck, resulting in both operational losses and limited casualties. As investigations continue, attention remains focused on the scale of recovery efforts and the broader impact on global energy stability in the weeks ahead.

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