@alexandernewsshow23: Oil prices rise after Saudi Arabia shuts down critical pipeline that bypasses Strait of Hormuz. The Saudis closed the East-West pipeline after drones launched from Iraq damaged it. Riyadh has not disclosed how badly it is damaged or how long it will be shuttered. The market could lose 120 million barrels if the pipeline is closed for a month and storage is drawn down at the Red Sea port of Yanbu,. The longer the shutdown, the higher the price,” said Andy Lipow, president of Lipow Oil Associates. #Iranwar #Oilprices #Worldnews #Alexandernewsshow.

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Tuesday 15 September 2026 00:24:49 GMT