Saudi Arabia Oil Pipeline Halted Following Drone Attacks

Crude oil prices have surged past $108 a barrel after drone attacks forced Saudi Arabia to close its key East-West crude pipeline. The shutdown threatens approximately 4% of global oil supplies, with energy markets reacting swiftly. The Iraqi government confirmed the strikes originated from within its territory and launched an investigation. US President Donald Trump stated he believed Tehran was behind the attack, amid escalating regional tensions. Source: Guardian World