Saudi Arabia is running tests on a critical oil pipeline that was recently knocked out by drone strikes, a step toward restoring flows and reviving a major export route that bypasses the Strait of ...
Prolonged restrictions on exports could push oil prices even higher. By Lisa Friedman Lisa Friedman is the energy correspondent in London. As Iran and its allies tightened their grip on shipping lanes ...
Add Yahoo as a preferred source to see more of our stories on Google. A slider showing damage to a pumping station on the East-West pipeline in Saudi Arabia. (AP Digital Embed) (AP Photo/Will Jarrett) ...
What the Closure of Saudi Arabia's East-West Pipeline Could Mean for Oil Flows CHICAGO (AP) — Saudi Arabia's closure of a major oil pipeline after a recent attack is raising fears that global energy ...
Yet another contingency plan for the global oil market – buffeted by more than six months of war between the United States and Iran – has come under serious threat. On Friday, Saudi Arabia announced ...
In another blow to global oil markets, drones struck Saudi Arabia’s East-West oil pipeline last Thursday, prompting the kingdom to suspend operations. The 1,200km (746-mile) pipeline, which carries ...
The closure of a critical pipeline in Saudi Arabia, recent activity by Houthi rebels near the Bab el-Mandeb Strait, and the war in Iran impacting the Strait of Hormuz have compounded to push crude oil ...
Saudi Arabia has closed a critical oil pipeline after it was struck by drones launched from Iraq, with the latest squeeze reverberating through the region Saturday as attacks by Iran-backed Houthi ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Saudi Arabia has shut down its main East-West oil pipeline after it was ...
Saudi Arabia closed its East-West pipeline, a key alternative to the Strait of Hormuz for its oil exports, following multiple attacks on Thursday. The conduit was shut as a precautionary measure, the ...
Saudi Arabia has shut down a key oil pipeline after it was attacked by drones from Iraq, as repercussions of the Iran war widen. The development is more bad news for the Saudi government after the ...