Saudi Pipeline Outage Could Reduce Global Oil Supply by 4%
Four percent of the global oil supply is at risk after Houthi rebels attacked Saudi Arabia’s main east-west pipeline. The pipeline, which runs from the Abqaiq oil field to the Red Sea, was built in the 1980s to bypass the Strait of Hormuz and avoid attacks on shipping during the Iran-Iraq war. According to experts, […]
The post Saudi Pipeline Outage Could Reduce Global Oil Supply by 4% appeared first on Alex Jones Live.
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