Pipeline Politics: Saudi Arabia's East West Conundrum Exposes Global Energy Vulnerability The recent drone attacks on Saudi Arabia's East West pipeline have sent oil prices soaring above $107 a barrel.
The incident is not an isolated event but part of a larger trend that highlights the increasing fragility of global energy markets.
Brent crude surged to as much as $108 a barrel before easing back, marking a 3% increase on the day. This sudden spike in prices underscores the vulnerability of global energy infrastructure to disruptions.