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EconomyOil falls below $98 as Saudi Arabia signals East-West pipeline reopening

Oil prices fell below $98 after Saudi Arabia signaled that its East-West pipeline could reopen. The key route for moving Saudi crude to the Red Sea has been closed for two weeks following drone strikes.

Saudi Arabiaoil pricesEast-West pipeline

FFinancial Times★★★★☆2026-09-22 11:19Original

Oil falls below $98 as Saudi Arabia signals East-West pipeline reopening
Economy