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Crude oil jumped over 3% as Saudi Arabia shut its 7 million bpd East-West pipeline following Houthi attacks. Escalating Middle East conflict and Ukrainian drone strikes on Russian infrastructure have…
Saudi Arabia closed its major East-West crude pipeline following drone attacks, raising concerns over prolonged drilling disruptions and escalating regional conflict. SLB shares dropped nearly 5% on …
WTI crude surged to a 3.75-month high after Saudi Arabia closed its crucial East-West pipeline following Houthi attacks. Severe supply constraints in the Middle East and Russia prompted the IEA to li…