Refinitiv: Saudi oil buyers and traders warn a main pipeline to the Red Sea could exhaust export inventories within days if not restarted, potentially removing up to 4% of global oil supply. A further drop in Saudi flows would tighten global supply, has already pushed fuel prices to record highs, contributed to global inflation and helped lift US Treasury yields to levels not seen since 2008. Repair estimates vary: one source said fixes could take five to six weeks, another said repairs could be

Refinitiv: Saudi oil buyers and traders warn a main pipeline to the Red Sea could exhaust export inventories within days if not restarted, potentially removing up to 4% of global oil supply. A further drop in Saudi flows would tighten global supply, has already pushed fuel prices to record highs, contributed to global inflation and helped lift US Treasury yields to levels not seen since 2008. Repair estimates vary: one source said fixes could take five to six weeks, another said repairs could be faster and allow partial flows during maintenance. Three industry sources say Yanbu inventories now cover only five to seven days of exports; a fourth said Saudi can supply customers for several days from Ain Sokhna and Sidi Kerir. Industry storage estimates: Yanbu ~35 mln barrels; Ain Sokhna ~18 mln; Sidi Kerir ~20 mln.