Saudi Yanbu Loadings Halt, Libya Shuts Fields; Oil Surges $3

Oil prices jumped over $3 as shipping sources report suspended loadings at Saudi Arabia's Red Sea port of Yanbu and Libya halted operations at three oil fields, signaling potential multi-week supply disruptions. The halt at Yanbu, a key export terminal, and Libyan field closures compound existing supply tightness, though the duration and full impact remain uncertain.