Satellite images show a badly burned pumping station on Saudi Arabia’s East-West pipeline, which had been moving about 4 million barrels a day around Hormuz; industry sources warn export stocks could run short within days

The pipeline has played a key role in Saudi Arabia’s ability to continue exporting oil following the disruption of the Strait of Hormuz.

This came a day after Houthi forces in Yemen seized the Red Sea port city of Mocha and pushed towards the Hanish Islands, bringing the militia closer to Bab el-Mandeb.

Houthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of Hormuz faces severe disruptions,…