Oil prices rise after drone attacks shut down Saudi Arabia’s East-West pipeline
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This story is aggregated from The Guardian (theguardian.com). Full reporting rights and copyright belong to the primary publisher.
Price spike comes as rebel Houthis in Yemen target oil infrastructure and capture strategic island in Bab al-Mandab straitBusiness news – live updatesOil prices have climbed above $107 a barrel after a series of drone attacks forced Saudi Arabia to close its east-west crude pipel...
Price spike comes as rebel Houthis in Yemen target oil infrastructure and capture strategic island in Bab al-Mandab strait
Oil prices have climbed above $107 a barrel after a series of drone attacks forced Saudi Arabia to close its east-west crude pipeline.
Brent crude, the international benchmark for oil prices, surged to as much as $108 a barrel at one point on Monday, later easing back to $107.7 – a 3% increase on the day.
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https://www.theguardian.com/business/2026/sep/14/oil-prices-rise-drone-attacks-saudi-arabia-east-west-pipeline
