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Energy Secretary Chris Wright told CNBC that the crude oil pipeline outage in Saudi Arabia "will be measured in days." But satellite imagery appears to show extensive damage to one of the pipeline's ...

Saudi Arabia’s closure of a major oil pipeline after a recent attack is raising fears that global energy markets in crisis because of the war with Iran could face even starker shortages, pushing ...

Soaring oil prices of above $108 a barrel after Houthi attacks on Saudi infrastructure stoke inflation fears US government borrowing costs have risen to 5% for the first time since 2023 as soaring oil ...

Saudi Arabia is running out of places to turn. The Strait of Hormuz, through which Saudi oil exports have traditionally passed, has been largely closed to shipping for months. The kingdom’s East-West ...

Attacks on Saudi energy route deepen regional tensions amid US‑Iran escalation Add as a preferred source on Google The regional crisis is deepening by the hour. Saudi Arabia has shut down its ...

Saudi Arabia has shut down its East-West pipeline, after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher. The world’s ...

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 ...

Saudi Arabia has closed a critical oil pipeline after it was attacked by drones launched from Iraq, as conflict in the Middle East widens. Iraq said it had fired a military commander and launched an ...