@r2reports: Saudi Arabia is cancelling oil deliveries after drones from Iraq knocked out the pipeline it uses to bypass Hormuz. Diesel is already trading at record levels, the Red Sea route is under pressure, and the world’s biggest oil exporter is losing its backup plan. #SaudiArabia #Oil #Diesel #Iran #Hormuz #RedSea #EnergyCrisis #MiddleEast #Geopolitics #BreakingNews