Saudi Arabia's Oil Pipeline To Red Sea Hit By Drone Attack Just As Hegseth Declares 'Overwhelming Victory' Against Iran
Tyler Durden's Photo
by Tyler Durden
Wednesday, Apr 08, 2026 - 07:00 AM
Summary:
The Hegseth/Caine presser as expected declared 'victory' in Iran while Gen. Caine emphasized the ceasefire is a "pause" but US forces remain "ready to resume combat." Hegseth says "military will be hanging around in Iran, won't go anywhere, and will make sure Iran complies.
Caine hails that US has destroyed Iran's defense-industrial base, including over 80% of missile facilities gone, and its navy lies at the "bottom of the Arabian Sea". It's clear that after six weeks the Pentagon is trying to put a bow on Operation Epic Fury.
Iran meanwhile demands stiff fees for ships passing through Hormuz during the ceasefire, and says it holds the final authority on which vessels get to pass. Tehran leaders have asserted 'victory' for Iran, amid positive international reaction to the ceasefire.
Attacks on Bahrain, UAE, Kuwait, and Saudi Arabia continued on Wednesday, hours after the ceasefire announcement. Also, there's as yet been no significant change in navigation traffic in the Strait of Hormuz today, per Bloomberg satellite data.
Saudi Arabia's vital East-West oil pipeline carrying crude from the Gulf to the Red Sea for export has been attacked at a pumping station, oil rises on the news.
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Saudi Aramco Export Pipeline To Red Sea Struck
A huge, and not very 'ceasefirey' development in Saudi Arabia, per the FT (just as Hegseth was speaking): "A pumping station was hit at 1 p.m. local time, the people told FT. The attack was carried out by a drone and damage was being assessed, one of the people told FT Saudi Aramco, which owns and operates the pipeline." FT continues, "The people said a pumping station, one of several along the 1,200km pipeline that has become an economic lifeline for the kingdom since the near closure of shipping through the Strait of Hormuz, was hit at about 1pm local time on Wednesday."
One Gulf based representative and analyst complains, "For a ceasefire, the fire does not seem to be ceasing. The UAE and Kuwait are under attack, and Iran says it is under attack too. Beyond the ceasefire itself, the bigger question is that the plan still looks unclear when it comes to what follows…"
The development pushed oil slightly up…
https://www.zerohedge.com/geopolitical/watch-live-hegseth-declares-victory-fragile-iran-ceasefire-hailed-internationally