Saudi crude pipeline outage expected to last days, Wright says

  • Chris Wright said Saudi Arabia's crude oil pipeline outage would last days.
  • The Energy Secretary described the interruption as brief and temporary.
  • Iran-backed proxy groups damaged the pipeline, Wright told CNBC's Morgan Brennan.

The crude oil pipeline outage in Saudi Arabia is expected to last days, Energy Secretary Chris Wright told CNBC. Wright said the disruption would be brief and temporary and attributed the pipeline damage to Iran-backed proxy groups. The article references @CL.1.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.