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Saudi Arabia shuts East-West pipeline after drone attack amid Houthi Red Sea escalation
Kaieteur NewsLO·SA · YE·3 days ago
Oil prices rallied on Tuesday following reports from shipping sources that crude loading at Saudi Arabia's Yanbu port on the Red Sea has been suspended. The suspension, likely due to regional security threats, adds to supply risks in a market already tight. The duration and cause remain unconfirmed, but any prolonged halt would tighten global supply further.