The emergency cutbacks follow a major drone attack that forced the complete shutdown of Saudi Arabia's strategic 7-million-barrel-per-day East-West Pipeline. The outage has cut off crude supply to the Red Sea port of Yanbu, crippling Riyadh's primary bypass around the Strait of Hormuz. European refineries are now scrambling for emergency crude supplies as Brent benchmark prices shoot toward $120 a barrel. Watch our complete breaking news report on the energy market fallout, repair timelines, and global oil supply shocks.