Fracture is governed by the hoop stress in the absence of other external loads since it is the largest principal stress. Note that a hoop experiences the greatest stress at its inside (the outside and inside experience the same total strain, which is distributed over different circumferences); hence cracks in pipes should theoretically start from inside the pipe. This is why pipe inspections after earthquakes usually involve sending a camera inside a pipe to inspect for cracks. Yielding is governed by an equivalent stress that includes hoop stress and the longitudinal or radial stress when absent.