Global Oil Supply News

A drone attack on a Saudi pipeline has put 4% of the global oil supply at risk, with the outage expected to last for weeks.

Oil prices have surged above $108 a barrel following drone attacks from Iraq on Saudi Arabia's east-west pipeline, impacting global oil supply. Separately, the

Saudi Arabia warns that 4% of global oil supply is at risk after a Houthi drone attack shut down a key oil pipeline, threatening imminent disruption to its oil

Houthi attacks on Saudi energy facilities and pressure on key chokepoints like Bab al-Mandeb and the Strait of Hormuz are disrupting oil operations and creating

Crude oil prices saw a minor dip today but continue to trade above $95 per barrel, as investors monitor the impact of US-Iran strikes on oil supply lines and re

Oil prices, specifically Brent crude, surged over 3.5% to top $91 due to fears about global oil supplies following US-Iran strikes and concerns over the Strait

The Strait of Hormuz is losing importance as a critical chokepoint for global oil and gas, despite fears of disruption during the Iran-Israel conflict. Oil mark