Saudi oil pipeline offline after attacks; Brent crude surges past $106

The shutdown of Saudi Arabia's East-West pipeline—which moves 2.6–4 million barrels daily and bypasses the Strait of Hormuz—directly reduces global crude supply by approximately 4 percent. Brent crude rising past $106 and WTI climbing 1.29 dollars per barrel increases costs for refiners, fuel distributors, and industrial users worldwide. Repair estimates of 3–5 weeks and analyst scenarios reaching $150/barrel if damage becomes permanent signal material near-term supply risk and upside price pressure on energy markets, affecting transportation, manufacturing, and inflation trajectories across dependent economies.