Yemen's Houthis May Have Struck Saudi Arabia's 7 Million-Bpd Oil Lifeline Amid Strait of Hormuz Crisis
Houthis may have struck Saudi Arabia’s East-West oil pipeline, with satellite-detected fires reported amid rising tensions.
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Why It Matters
Fighting in the Middle East might damage pipes that carry Saudi oil around the world. When oil gets harder to move, oil prices can go up, which affects energy companies and car owners everywhere.
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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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