EconomySaudi pipeline outage threatens loss of 4% of global oil supply
Saudi oil buyers and traders said the country could run out of export stocks within days if it cannot restart its major pipeline to the Red Sea, potentially removing up to 4% of global supply. Further declines in Saudi flows would deepen an existing crunch that has driven fuel prices to records, fueled inflation worldwide and pushed U.S. bond yields to their highest levels since the 2008 financial crisis.
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Reuters★★★★☆2026-09-13 12:40Original
Saudi pipeline outage threatens loss of 4% of global oil supply
Economy