EnergyHighPartialAccelerating
8.7
Saudi Pipeline Shutdown After Drone Attack Raises Oil Price Risk
Dagens IndustriLO·SA·2 days ago
Brent crude surged to $108 per barrel after a drone attack on Saudi Arabia's East-West pipeline threatens to cut 4% of global oil supply, with Yanbu port holding only 5-7 days of oil. Diplomatic efforts appear to be failing, amplifying supply concerns. The attack marks a significant escalation in the conflict's impact on energy infrastructure, with immediate market implications.
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