Saudi Arabian pipeline outage threatens global oil supply

Saudi Arabian pipeline outage threatens global oil supply Saudi Arabia will run out of oil stocks for exports if it doesn't restart its major pipeline to the Red Sea within days, leading to a loss of up to 4 percent of global supply, Saudi oil buyers and traders told Reuters on Sunday. A further decline in Saudi flows will worsen the global supply crunch, which has already pushed global fuel prices to record highs since the start of the US-Iran war. Following the drone attacks launched from Iraq forced Saudi Arabia