Kochi: Saudi Arabia to shut down a critical oil pipeline which was hit in a drone attack from Iraqi territory giving speculation to retaliation by Riyadh.Saudi has shut down the East-West pipeline giving indications to further disruption in energy supplies even as the global price of oil briefly jumped to about $110 a barrel, NY Times reported.The pipeline was vital to shuttling oil from the Persian Gulf to the Red Sea.Earlier, Iran backed Houthi militia had seized a strategic Red Sea island and a port city, which could further choke shipping in the area. Worries over diminishing energy supplies have prompted governments and consumers to cut back on their use.
Drones hit Saudi key pipeline
