Saudi Arabia shut down a major crude pipeline after attacks, raising supply concerns. Oil at new all-time high by December 31 at 15.5% YES.

watch nowSaudi Arabia shut down its crucial East-West crude oil pipeline as a precautionary measure after multiple attacks, the kingdom's Energy Ministry said Friday in a…

Iran-allied Houthi militants in Yemen have escalated strikes on Saudi Arabia this week.

Pipeline has been shut 'as a precautionary measure', Saudi energy ministry says