Oil Prices Surge After Saudi East-West Pipeline Shutdown
On September 14, 2026, crude oil prices surged significantly after Saudi Arabia’s East-West Crude Oil Pipeline was shut down due to drone strikes on September 10-11, 2026. The pipeline, a critical alternative export route, is expected to be out of service for several weeks, impacting global oil supply amidst an ongoing oil crunch and the 2026 Iran war.
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