Macro Finance
Oil Supply Risks Rise After Saudi Pipeline Attack
Bloomberg Markets·September 12, 2026·1 min read
Saudi Arabia shut its East-West Pipeline as a precaution after multiple attacks, threatening a key crude route to the Red Sea that bypasses the Strait of Hormuz. Bloomberg Economics' Ziad Daoud warns prolonged disruption could tighten global energy supplies, pressuring oil and US diesel prices.
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