Saudi Arabia shuts down key pipeline as attacks in the region escalate
Saudi Arabia has shut down a critical oil pipeline following multiple drone strikes, which the Saudis claim originated from Iraq. This comes amidst an escalation in the conflict with Iran, with US officials noting that Saudi Crown Prince Muhammad bin Salman is urging President Trump to initiate strikes against Iranian-backed Houthis in Yemen.
The closure of this pipeline, coupled with the Houthis gaining control of Yemen's Red Sea coast and threatening the Babel Mandab Strait, poses a potentially catastrophic risk to global oil prices, especially since the Strait of Hormuz has been closed for six months.
The video also covers Iranian actions in Bahrain and raises questions about the long-term US military presence in the region.
