Oil prices rise after drone attacks shut down Saudi Arabia’s East-West pipeline
Price spike comes as rebel Houthis in Yemen target oil infrastructure and capture strategic island in Bab al-Mandab straitBusiness news – live updatesOil prices have climbed above $107 a barrel after a series of drone attacks forced Saudi Arabia to close its east-west crude pipeline.Brent crude, the international benchmark for oil prices, surged to as much as $108 a barrel…
Price spike comes as rebel Houthis in Yemen target oil infrastructure and capture strategic island in Bab al-Mandab straitBusiness news – live updatesOil prices have climbed above $107 a barrel after a series of drone attacks forced Saudi Arabia to close its east-west crude pipeline.Brent crude, the international benchmark for oil prices, surged to as much as $108 a barrel…
