Oil Holds Drop as Saudi Arabia Seeks to Restore Pipeline
Oil held a drop on signs that supply disruptions in the Middle East are set to ease, with Saudi Arabia seeking to restore capacity of its damaged East-West pipeline. Global fuel markets have been squeezed by the combined impact of the US-Iran conflict and the war between Russia and Ukraine, with Kyiv pummeling Moscow’s refineries. Bloomberg's Will Kennedy breaks down the situation. (Source:…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
