Ongoing attacks on Saudi Arabia’s East-West pipeline amid the 2026 Iran war have elevated oil market volatility, with Brent crude holding above $100 per barrel and incorporating a roughly $20 geopolitical risk premium. Drone strikes in September from Iraq-linked groups damaged pumping stations, forcing a temporary shutdown that disrupted roughly 4-5 million barrels per day of bypass capacity around the Strait of Hormuz and prompted Aramco to accelerate repairs. Flows have since recovered to about 5.8 million barrels per day, though fresh infrastructure damage reported in mid-October highlights persistent vulnerabilities. Saudi plans to expand pipeline capacity toward 10 million barrels per day over the next two to three years aim to bolster redundancy, yet sustained threats from Houthis and Iranian proxies continue to influence trader pricing of further supply shocks and energy security costs.