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 higherUS 10-year Treasury yield hits 5% amid bond sell-off
8 Sep 14 12:48 PM · 9d ago · 8 articles · 5 posts · 9 comments · 4 sources · development 8 of 8
Soaring oil prices fueled inflation fears and triggered a global bond market sell-off, pushing the US 10-year Treasury yield to 5% for the first time since 2023 while Saudi Arabia sought to route more crude through the Strait of Hormuz to offset the pipeline loss.
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 4 claims about this development
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first by Channel News Asia, 10d ago · also Times of India, The Globe and Mail, Reuters, The Hindu, Investing.com News, Dawn
5 more headlines
- Oil prices jump over 2% as fresh Saudi, Strait of Hormuz strikes fuel supply fears Times of India · 10d ago
- Oil prices up nearly 3% following new strikes on Saudi, Strait of Hormuz The Globe and Mail · 10d ago
- Oil prices jump over 2%: Brent tops $107 as fresh Saudi, Strait of Hormuz strikes fuel supply fears The Times of India · 10d ago
- Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz The Hindu · 10d ago
- Brent crude at $107 per barrel following new strikes on Saudi Arabia, Strait of Hormuz Dawn · 9d ago
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first by Seeking Alpha, 10d ago · also Yahoo Finance
1 more headline
- Oil Jumps as Shutdown of Saudi Pipeline Deepens Energy Crisis Bloomberg.com · 10d ago
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first by Guardian US, 9d ago
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first by UPI, 9d ago
What people said 10 voices · best of 11 · verbatim
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🟡 InfrastructureAttack | 7/10 Houthi strikes on Saudi oil facilities caused pipeline shutdown Houthi strikes on oil facilities caused a pipeline shutdown, leading to tighter supplies of Saudi sour crude for Asian refiners. #OSINT #NewsGroup #SaudiArabia #Yemen #EnergySecurity
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When the Supreme Court passed super PACs the ones that voted against it warned that this would be the result of letting billionaires & lobbyists control what happens and they don’t give a crap about the citizens whether it’s republican or democrat at this point. It’s already too late. Better try buying land, get as much extra cash put into…
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ANALYSIS: Saudi pipeline shutdown exposes shrinking global oil-supply buffers
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I'm aware that some bus companies are looking to move that direction, since diesel has consistently been more expense, but there's more to it. I wish they'd just go electric, but apparently the costs there are a lot higher due to all the batteries. Diesel isn't just another form of gas, it's more energy dense, and allows for engines to run at…
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And to think, Cheetos McFatty was planning on topping off our reserves with that oil.....
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Gas is up 45%, and diesel is up 80%, because DJT and Putin agreed to stop up the Strait of Hormuz when they met in Anchorage, Alaska. Putin's objective was to keep oil prices over 100$ a barrel to make his genocidal war machine go faster, because without stealing your gas money--along with stealing 8.3 billion other people's gas money--Russia's…
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I found it amusing how so many war supporters were pointing to the east-west pipeline/pipelines with a ton of above-ground sections that were taking the pressure off oil supply shock … as if those could not be targeted just as tankers are being hit
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Jesus Christ guys. I’m not against you but why did you leave out that the shutdown follows a drone attack on the pipeline by Iranian militias out of Iraq? You know 90% of Reddit only reads the headline.
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There’s a lot of pooled oil around the site. That has to be remediated first. All the tanks at that site need rebuilding, and MW of power restored. It would quicker to just negotiate a deal with Iran and go back to shipping through the Gulf.
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In addition to literally any stupid fucking boondoggle or grift so long as the money has absolutely 0% chance of helping regular American people
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