Drones from Iraq attacked and set fire to a pipeline in Saudi Arabia. The attack represents an escalation in regional tension and marks yet another episode of conflict affecting energy infrastructure in the Middle East.
The pipeline targeted is the East-West pipeline, which plays a fundamental role in transporting Saudi oil to the Red Sea. This route is used as an alternative to passing through the Strait of Hormuz, one of the most strategic and vulnerable routes for oil transport in the world.
This new attack threatens to drive oil and fuel prices even higher in the international market, at a time when energy markets are already facing instability.
