Oil falls as Saudi Arabia signals East-West pipeline reopening

🇸🇦 Financial Times (SA) —

AI Summary

Oil prices declined as Saudi Arabia signaled the reopening of the East-West pipeline, which had been closed for two weeks due to drone strikes. The pipeline is a crucial route for Saudi crude to reach the Red Sea.

Key route for Saudi crude to reach Red Sea has been closed for two weeks following drone strikes

Politics Markets Energy Shipping oil prices Saudi Arabia East-West pipeline drone strikes energy route

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