Widening Mideast Instability Squeezes Global Oil Supplies

A Houthi offensive in Yemen has put a second vital energy corridor in the region under the sway of Iran and its allies.

Saudi Arabia Shuts Down Pipeline That Was a Crucial Hormuz Bypass

The kingdom said drones fired from Iraq damaged the East-West pipeline, which can carry up to 7 million barrels of oil a day.

Oil Prices Post Big Weekly Gain Amid Supply Risks