Saudi Arabia Maintains Oil Exports From Key Red Sea Port for Now

By Julian Lee

Apr 10, 2026 (Bloomberg) –Saudi Arabia’s oil exports via the Red Sea are holding steady for now, as the impact of a drone attack on its vital cross-country pipeline has yet to filter through.

The strike on Wednesday — hours after a ceasefire was declared in the Iran war — damaged one of 11 pumping stations along the 746-mile (1,200-kilometer) conduit from oil fields in the east to the Red Sea coast in the west. That has reduced throughput by 700,000 barrels a day, the state-run Saudi Press Agency said Thursday, citing an