Part of The US-Iran Escalation · 6 stories · since Sep 1 · newest 13h ago
Saudi pipeline stays shut for weeks, driving oil and bond yields higherOil and diesel surge as Iran-Gulf Hormuz talks slip
7 Sep 14 12:00 PM · 9d ago · 8 articles · 4 posts · 2 comments · 3 sources · development 7 of 8
Brent crude rose above $108 a barrel and US diesel hit a fresh all-time high after the pipeline shutdown, compounded by the postponement of talks between Iran and Gulf states on the future of the Strait of Hormuz.
Saudi Ministry of Energy Pipeline operatorSaudi Ministry of Foreign Affairs Government responseYemen's Houthis (Ansarallah) Alleged attackerIraq Launch-site countryIran Regional actor
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What was reported 2 claims about this development
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first by NBC News, 9d ago
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first by Middle East Eye, 9d ago
What people said 3 voices · verbatim
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7
484/ Saudi Oil Trapped by Houthis and Iran is a BIG deal. A shutdown that wiped out roughly 4% of global crude supply. Fuel, Fertilizer, Food impacts set to worsen. How? DRONE SWARM attack on Saudis from Iraq & Yemen Francesco Stassi: energygeopoliticsandstatecraft.
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It will not be fixed in two weeks. It will be hit again, likely after they repair it. Trump told MBS to pound sand.
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As I read these headlines, I don’t think people really understand what we’re dealing with. Concentrating on this one incident ignores the certainty of the next attack. Now that they know what they can achieve with relative ease, the current, duct tape strategy, ain’t a recipe for success.
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