Saudi pipeline disruption tightens physical oil markets, sending Dated Brent above USD 130 and diesel above USD 220 as global fuel scarcity deepens

Brent futures topped $109 per barrel after reports emerged that the key East-West pipeline could be shut for ‘weeks

Oil fell Wednesday, as an unexpected increase in U.S. crude inventories outweighed worries over supply disruptions after an Iran-backed attack on Saudi Arabia's East-West pipeline.

Oil slips as US crude stocks jump despite fresh Saudi supply fears today. Saudi outage threatens key route but does not erase four million barrels. WTI and Brent ease after Tuesday's surge as traders await repair clarity.

Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months. By Lisa Friedman Lisa Friedman is the energy correspondent in London. The continued closure of ...

Experts tell BBC Verify the pipeline's closure could cut oil supplies by as much as 3.6 million barrels per day.

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The Iran-backed Houthi rebels are now in a position to threaten Saudi Arabia’s 745-mile-long pipeline and the world’s largest oil processing plant — escalating the risk to global fuel supplies. The Houthis’ lightning advance through the Yemeni coast has allowed the Bab al-Mandeb Strait to fall under its control,