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Markets

Oil Surges as Saudi Pipeline Shutdown Brings Fresh Supply Risk

Oil surged as Saudi Arabia’s closure of a major crude pipeline following attacks jolted the market, with the move disrup...

Oil surged as Saudi Arabia’s closure of a major crude pipeline following attacks jolted the market, with the move disrupting a route that’s been key to bypassing the Strait of Hormuz during the US-Iran war. Bloomberg's Rob Barnett joins to discuss. (Source: Bloomberg)

SOURCE: Bloomberg Markets
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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