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Live: Saudi Arabia oil pipeline shut down after drone attack launched from Iraq

energy_supply_shockMiddle EastFrance 2412 Sept, 05:19 UTC

Context

Saudi Arabia shut down its crucial Eat-West pipeline after it was attacked on Thursday, threatening an important alternative route for crude exports from the Gulf. Iraq has chosen not to retaliate at this state, its foreign ministry said. Read about the day’s events as they unfolded on our liveblog.

What it means

Causal chain

No clear market signal

How to read a signal
Severity
the event's market impact, 1–5
Direction
/ likely price move for the asset
Exp. move
the size of the abnormal move we'd expect if the call plays out — not a claim a move will happen:
Ssmall<1%
Mmoderate1–5%
Llarge>5%
Most flagged events don't move beyond noise; those count against us (see the track record).
Timeframe
the window we measure over:
1dshort
5dmedium
21dlong
Conviction
how well-established the directional call is (textbook → speculative) — not a guaranteed outcome:
low
average
strong

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Not investment advice · for informational purposes only. Generated 12 Sept, 05:48 UTC