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Brent Hits $108 as Saudi Pipeline Shutdown Deepens Supply Fears
OilPrice.com·SA·1 day ago
Washington has declined to assist Saudi Arabia in the Red Sea following the closure of a key pipeline, marking a departure from previous US posture in the region. The move potentially empowers Iran in the ongoing conflict, though the exact nature of the pipeline closure and US decision rationale remain unclear. This shift could alter regional deterrence dynamics and affect energy transit routes.
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