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News 2026-09-16 17:09 UTC

The Next Oil Shock Has No Safety Valve — And the Bill Will Land in Your Pantry

The global oil market might be running on fumes. Drone strikes have forced Saudi Arabia to shut its 4 million barrel-a-day East-West pipeline, leaving the Yanbu export terminal on the Red Sea with crude to sustain shipments for “just five to seven days,” Reuters reports. • Marathon Petroleum shares are testing new high