Oil climbs to $106 after Saudi pipeline shutdown
Crude oil prices surged after Saudi Arabia shut down its key East-West crude pipeline following a drone attack, intensifying concerns over global oil supplies amid the escalating conflict surrounding the Strait of Hormuz.
September 14, 2026 (MLN): Crude oil prices surged after Saudi Arabia shut down its key East-West crude pipeline following a drone attack, intensifying concerns over global oil supplies amid the escalating conflict surrounding the Strait of Hormuz. Currently, Brent crude futures is up, 2.06%, at $106.77 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures is up by $2.16, or 2.06...