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Houthis seize Red Sea coast, Saudi pipeline shut as Middle East war widens
ORF·YE · SA · IR·1 day ago
WTI crude exceeds $102 and Brent reaches $107 after a Saudi oil pipeline closure, triggering a 1.2% decline in Nasdaq 100 futures. The pipeline disruption introduces a supply shock, while new AI-related alerts add to risk-off sentiment. The duration of the closure and its impact on global supply remain uncertain.