Category: Business

Saudi Arabia’s main oil pipeline is closed, a big threat is looming over the world market

—Photo courtesy of Foreign Media A drone attack on Saudi Arabia’s main east-west oil pipeline has temporarily suspended deliveries, threatening to affect up to 5 percent of global oil supplies. According to a special report by Arab media, the nearly 1,200-kilometer-long pipeline connects Saudi Arabia’s eastern oil-producing areas with the Red Sea port of Yanbu. […]

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