Attack that closed key Saudi pipeline is blamed on Iran-backed militias in Iraq
Iraq's government raced Saturday to contain the fallout after Iran -backed militias were accused of attacking a key Saudi oil pipeline, shutting down the top global oil producer's alternative to the Iranian-threatened Strait of Hormuz.
TL;DR
- Iran-backed militias are accused of attacking a key Saudi oil pipeline.
- The attack led to the shutdown of the pipeline.
- Iraq's government is attempting to contain the fallout from the incident.
- The pipeline was an alternative to the Strait of Hormuz.