Oil nears $110 as Saudi pipeline shutdown deepens supply fears
The National — Business
thenationalnews.com
Summary
Oil prices surged towards $110 a barrel on Monday, with Brent jumping almost 5 per cent after Saudi Arabia shut its East-West pipeline following attacks, removing a crucial route for exporting crude without passing through the Strait of Hormuz and deepening fears of a global supply crunch. Brent…
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