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Global Business / The Economic Times

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Saudi pipeline outage threatens loss of 4% of global oil supply

Saudi Arabia's oil exports face a significant threat from pipeline damage. The kingdom has only a few days of oil stocks remaining for exports. This situation could lead to a substantial drop in global oil supply. The ongoing conflict in Yemen further complicates the already strained energy market. Global fuel prices and inflation are expected to rise due to these events.

13 Sep 2026 6:35 pm