https://www.live-feeds.com/feed/saudi-oil-exports-plunge-as-spread-of-war-shuts-off-shipping-routesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/saudi-oil-exports-plunge-as-spread-of-war-shuts-off-shipping-routeshttps://www.live-feeds.com/feed/saudi-oil-exports-plunge-as-spread-of-war-shuts-off-shipping-routes#u67444Mon, 14 Sep 2026 03:22:24 +0000Saudi Arabia has shut down an oil pipeline as Iran-backed Houthi rebels tighten their grip on Red Sea shipping routes. This closure follows a period of extreme production declines, with August output hitting a 36-year low of 6.238 million barrels per day. The disruption threatens the Strait of Hormuz and other export channels, raising global concerns over crude price spikes, inflation, and market volatility. Riyadh is currently struggling to find viable work-arounds to maintain the flow of its oil exports amid escalating regional attacks.Why it mattersThe Kingdom previously reported a producti https://www.live-feeds.com/feed/saudi-oil-exports-plunge-as-spread-of-war-shuts-off-shipping-routeshttps://www.live-feeds.com/feed/saudi-oil-exports-plunge-as-spread-of-war-shuts-off-shipping-routes#u64240Thu, 10 Sep 2026 19:55:20 +0000Saudi Arabian crude production fell to 6.238 million barrels per day in August, the lowest level in 36 years. This slump follows a decrease of 1.9 million barrels per day reported to OPEC. War has shut off shipping routes and put pressure on two major Saudi export channels, causing a sharp drop in overall OPEC output. As sea freight is displaced by the conflict, Riyadh Air's cargo division is absorbing some of the shifted volume within a shrinking regional market.Why it mattersSaudi Arabia serves as a primary pillar of global oil stability through OPEC. The closure of critical shipping la