Yes, this, and the article seems pretty clear that only "some data stored exclusively in Bahrain" is affected. Add to that the option to store data with reduced redundancy (in S3, for example), and I don't really see what the drama is about.

Amazon only claims "99.999999999% durability" per year, even for the properly replicated stuff.[0]

[0] https://docs.aws.amazon.com/AmazonS3/latest/userguide/DataDu...

Multiple zones impacted.

They had nine years and more money than god to build redundancy in an unstable region.