EnergyHighReportedAccelerating
8.8
Brent stabilizes as Saudi Arabia resumes pipeline flow; Hormuz transit continues
La RepúblicaLO·SA · IR·3 days ago
A drone attack on Saudi Arabia's East-West pipeline in September triggered a sharp rise in oil prices on supply disruption fears. The strike, claimed by Houthi forces, marks a renewed escalation against Saudi energy infrastructure, though the extent of physical damage and production impact remains unconfirmed. The incident underscores persistent geopolitical risk to Gulf oil supply and could sustain elevated crude prices if further attacks follow.
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