Tribesmen in Yemen blew up the main crude export pipeline Saturday, halting all flows from the country.
The export pipeline carried about 70,000-110,000 bpd of Marib light crude to an export terminal on the Red Sea, Reuters said.
“The pipeline was attacked by tribesmen. The damage is quite big and oil flow as stopped,” according to an unidentified industry source.
In 2011, Yemen had to shut down its largest refinery at Aden because of sabotage to pipelines.
“Yemen’s stability is a priority for the United States and its Gulf Arab allies because of its strategic position next to top oil exporter Saudi Arabia and shipping lanes, and because it is home to one of the most active wings of al Qaeda,” Reuters said.