The move comes after a drone attack disrupted the kingdom’s key East-West oil pipeline amid escalating regional tensions.
Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil ...
Oil prices fell on Friday as additional Saudi crude supplies help ease disruption fears.
By Florence Tan SINGAPORE, Sept 21 (Reuters) - Oil prices slid on Monday as investors eyed a recovery in shipments from Saudi ...
The world’s second-largest crude exporter is rerouting crude via dark shipments and ship-to-ship transfers off Oman.
Saudi Arabia built the East-West Pipeline during the Iran-Iraq War to reduce its exposure to a single chokepoint, serving as ...
Riyadh is paying a steep price for the Iran war. Help from Washington remains circumscribed.
By Arathy Somasekhar Sept 18 (Reuters) - Oil prices fell about 1%, extending losses for a third session, but stayed above ...
Saudi Arabia faces the biggest threat to its oil production since 1932 as Houthis launch attacks near the Red Sea's Bab ...