Pipeline Shutdown Disrupts 4-5% of Global Oil; 3 Border Crossings Reopen
A drone strike on Saudi Arabia's East-West pipeline shut a corridor carrying 4-5% of global crude, while Iraq closed and is now phased-reopening three Iran border crossings. Logistics operators face dual disruption: a precautionary halt on a key oil artery and suspended cross-border trade at Shalamsheh, al-Shib and al-Mandali.