Though the drone attack on the Saudi pipeline comes amidst rising tensions between Iran and the U.S., oil markets aren't panicking
Houthi forces in Yemen have claimed responsibility for the attack, though there is no corroborating evidence yet. The attack occurred about 435 miles away from the Saudi border with Yemen.
reports that Aramco currently has millions of barrels in storage at the SUMED pipeline in Egypt and at the Yanbu port itself which could easily compensate for any problems with the East West pipeline for several weeks.
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