https://www.live-feeds.com/feed/with-mideast-on-fire-oil-prices-are-poised-to-explodeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/with-mideast-on-fire-oil-prices-are-poised-to-explodehttps://www.live-feeds.com/feed/with-mideast-on-fire-oil-prices-are-poised-to-explode#u75031Fri, 18 Sep 2026 18:50:12 +0000Oil prices are declining as fears of Middle East supply disruptions diminish. Saudi Arabia is working to restore its East-West Pipeline after a recent attack hit three pumping stations. To maintain crude exports during the outage, Saudi Arabia is reportedly offering ship-to-ship transfers. These measures have eased market anxiety, causing prices to extend their losses despite the physical damage to critical energy infrastructure.Why it mattersThe East-West Pipeline is a vital asset that allows Saudi Arabia to move oil to the Red Sea, bypassing the Strait of Hormuz. Disruptions to this route th