Saudi Pipeline Outage Could Cut Global Oil Supply by 4%

The concentration risk here is the story: a single pipeline network carrying a meaningful slice of global supply, with export storage measured in days rather than weeks. That leaves little buffer if the disruption persists, and the small reserve in Egypt does not change the arithmetic much. The question worth watching is whether flows resume before Yanbu's storage is drawn down, since the timeline, not the volume, is what determines how far this travels beyond the kingdom's own export logistics.