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Shutdown of Saudi East-West pipeline threatens Asia's crude supply, hitting South Korea hardest.

Market News
21 Sep 2026
CNBC
View Source
Bearish
Shutdown of Saudi East-West pipeline threatens Asia's crude supply, hitting South Korea hardest.

Saudi Arabia's East-West pipeline shutdown risks tightening crude supply for Asia's top importers, especially South Korea, which sourced 34.1% of its crude from Saudi Arabia in July. The pipeline closure shifts exports previously routed through the Strait of Hormuz to the Yanbu port, putting about 3.5 to 4.5 million barrels per day of Asia-bound crude at risk. Immediate effects may raise oil prices and freight costs rather than cause shortages, with stored crude at Yanbu and Egypt providing a buffer for one to two weeks. The disruption's duration is uncertain, with repairs possibly taking three to six weeks, though Saudi officials expect a quick restart.

The Saudi East-West pipeline shutdown and its impact on Asia's crude supply provide context for the energy market snapshot on Pluang as of Sep 21, 2026 14:21 WIB: Among 34 priced Energy-sector US stocks, 11 rose and 22 fell today. Notable movers include LEU (Centrus Energy Corp) at USD 148.00 with a 1-day change of +1.91%, E (Eni SpA) at USD 56.25 up +1.72%, and TDW (Tidewater Inc) at USD 86.69 down -1.68%. Typical hold times on Pluang range from 22 to 50 days for these stocks.

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