Saudi Arabia’s East-West Pipeline reportedly closes after attacks
US Energy Secretary Chris Wright said repairs should take days. WTI and Brent crude prices reportedly rose 2%-plus.
TLDR
Saudi Arabia’s East-West Pipeline reportedly closed temporarily after attacks by Iran-aligned groups. US Energy Secretary Chris Wright said repairs should take days. WTI and Brent crude prices reportedly rose 2%-plus. A September 16 post questioned whether WTI, or West Texas Intermediate crude, was headed for much higher prices.
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