Damage on east-west Saudi Pipeline said to be "limited", following earlier suspected drone attack
The report of limited damage to the east-west Saudi pipeline following a suspected drone attack suggests that while there may be short-term disruption risks, the overall supply situation remains stable.
A White House official says that the 10-point peace plan that Iran publicly released on Wednesday differs from the plan that Trump said was a "workable basis on which to negotiate", NYT reports
Newsquawk Daily Economic Releases - 9th April 2026
Damage on east-west Saudi Pipeline said to be "limited", following earlier suspected drone attack
Fed's Williams (voter) says monetary policy is “really well positioned” for the Fed to “wait and see” on the economic consequences of war in Iran, speaking with Bloomberg
Kuwait says fires broke out at some energy sites following attacks; includes power stations, resulting in "severe material damage to infrastructure facilities, generation units and fuel tanks"
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Traders should monitor oil prices closely, as any signs of escalation could lead to market volatility, but for now, this may not fundamentally alter the supply outlook.
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