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Saudi pipeline closure is a brief interruption that will last days, U.S. Energy secretary tells CNBC
The Saudis closed the East-West pipeline after it sustained damage in a drone attack launched from Iraq.
Saudi exports are rising despite escalating attacks on its infrastructure from Iran-backed militants in Yemen and Iraq.
Saudi Arabia’s September crude exports reached about 6 million barrels per day, the highest level since the war with Iran ...
WTI rose to $103.05 per barrel, while Brent fell to $104.64 amid the closure of a key Saudi pipeline and border strikes with Yemen.
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