Energy
OIL JUMPS AS HOUTHI ATTACKS SHUT SAUDI PIPELINE, DISRUPT YANBU PORT LOADINGS
BullishEnergy
Crude oil prices surged amid escalating geopolitical tensions in the Middle East. Attacks by Yemen's Houthi rebels and Iranian-aligned militants have forced the shutdown of Saudi Arabia's vital East-West pipeline and reportedly suspended loadings at the Red Sea port of Yanbu. Brent crude climbed toward $108.50 a barrel as the disruptions heightened fears of a significant supply shock.
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