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Pakistan Mulls Options for Crude Ship Stuck Near Saudi Pipeline
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesTransportation & Logistics
Pakistan is weighing options for an empty oil tanker stranded in the Red Sea near Saudi Arabia's east-west oil pipeline, which could be shut for up to six weeks. Pakistan warned that an attack on the vessel would constitute an "act of war," escalating geopolitical risk around a critical regional oil-transport route and potentially disrupting energy supply flows.
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