https://www.live-feeds.com/feed/energy-markets-rattled-after-saudi-pipeline-attacksContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/energy-markets-rattled-after-saudi-pipeline-attackshttps://www.live-feeds.com/feed/energy-markets-rattled-after-saudi-pipeline-attacks#u69729Wed, 16 Sep 2026 03:07:48 +0000Oil prices hit $108 per barrel as drone strikes on a Saudi pipeline and Iranian attacks on Gulf ships disrupt supply. Traders warn that 4 percent of global oil supply is at risk, and Saudi Arabia may exhaust exportable oil within days. The energy shock triggered a broad market sell-off. The Dow fell 500 points, the Sensex plunged nearly 1,433 points from its daily high, and the 10-year Treasury yield topped 5 percent for the first time since 2007.Why it mattersThe East-West pipeline serves as a critical alternative to the Strait of Hormuz. Its closure forces reliance on a narrow waterway alrea https://www.live-feeds.com/feed/energy-markets-rattled-after-saudi-pipeline-attackshttps://www.live-feeds.com/feed/energy-markets-rattled-after-saudi-pipeline-attacks#u67664Mon, 14 Sep 2026 08:25:17 +0000Energy markets face a severe supply shock after Saudi Arabia shut down its East-West oil pipeline following recent drone strikes. Brent crude prices have surpassed $100 per barrel, while diesel prices reached a record $6 per gallon. The pipeline closure removes a vital bypass route around the Strait of Hormuz, intensifying global supply fears. The disruption follows an escalating conflict involving US and Iranian forces, compounding transportation costs and driving broader food inflation across the economy.Why it mattersThe East-West pipeline is a critical piece of energy infrastructure becaus https://www.live-feeds.com/feed/energy-markets-rattled-after-saudi-pipeline-attackshttps://www.live-feeds.com/feed/energy-markets-rattled-after-saudi-pipeline-attacks#u66380Sat, 12 Sep 2026 16:22:51 +0000Diesel prices have reached a record high of $6 per gallon, driving up transportation costs and food inflation. The price surge follows the Saudi Ministry of Energy's decision to shut down the East-West oil pipeline as a precaution after multiple attacks on Thursday. This pipeline is a critical asset because it allows oil shipments to bypass the Strait of Hormuz. Bank of America describes the current diesel pricing as a "real-economy pressure point," while businesses, including restaurants in Raleigh, are already reporting financial impacts.Why it mattersThe East-West pipeline se