Oil rises after Saudi shuts crucial pipeline outlet
Saudi Arabia shut a pipeline that had served as a crucial outlet for crude amid the closure of the Strait of Hormuz. Brent, around $104/bbl before the closure, climbed above $107.
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Saudi Arabia shut a pipeline that had served as a crucial outlet for crude amid the closure of the Strait of Hormuz. Brent, around $104/bbl before the closure, climbed above $107.