Oil spikes as Saudi pipeline and Libyan fields halt supply
📡 Bloomberg Markets · 1 min read ·
Part of composite article Saudi Arabia Restarts East-West Pipeline as Houthis Threaten Bab el-Mandeb View full article →
Oil prices jumped after outages at a major Saudi Arabian pipeline and Libyan oil fields added new supply risks. The market was already under pressure from lost barrels tied to the Iran war.