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Saudi oil pipeline long-term plan provided global energy lifeline during Iran war: PIF governor

article author: GABRIELE MALVISI Thu, 2026-06-18 15: 39 ROME: The long-term planning behind Saudi Arabia’s east-to-west oil pipeline provided a lifeline for global energy markets during the Strait of Hormuz closure caused by the war in Iran, Public Investment Fund Governor Yasir Al-Rumayyan told the FII Priority Europe summit on Thursday. Speaking at the Rome summit, Al-Rumayyan commented on the role Riyadh played in rescuing the energy market and global economy, reflecting on the strategic value of the pipeline built across the Saudi Arabian peninsula. Main category: Business & Economy Tags: War in Iran Saudi oil pipeline

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