Saudi Pipeline Closure Is ‘Temporary Interruption,’ Says Energy Secretary—Expert Warns, ‘It Will Take Months to Repair’
Saudi Arabia’s crucial East-West oil pipeline, which was shut down due to Iran-backed attacks, is set to restart operations soon, according to Energy Secretary Chris Wright. Wright, in an interview with CNBC on Tuesday, on the sidelines of the G20 energy officials’ meeting in Houston, said the pipeline’s closure is a “