The Story
News Summary
- Crude oil jumped toward $103 a barrel after Saudi Arabia halted its 7 million barrel-per-day East-West pipeline following drone strikes.
- The shutdown disrupts a vital bypass around the Strait of Hormuz, while stalled regional talks further exacerbate mounting global oil supply disruption risks.
Explore BRENT price history & advisor snapshot
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Stored market data
BRENT price history
101.15
+55.81% over the displayed period
Advisor Snapshot
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