Saudi Foreign Ministry Says East-West Pipeline Attacked By Drones Launched From Iraq; Says It Has Chosen Not To Retaliate At This Stage Following A Request From Iraq's Prime Minister
- Reuters Citing Statement
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Why It Matters
Drones damaged a big oil pipeline in Saudi Arabia, but the country decided not to fight back right now. When oil supply gets hurt, prices can go up, so oil investors watch these events closely to see if energy costs might rise.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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