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Saudi East-West Pipeline Shut,Warsh Facing Intense Pressure,More

Source: Bloomberg

Geopolitics & WarEnergy Markets & PricesInfrastructure & DefenseMonetary Policy
Saudi East-West Pipeline Shut,Warsh Facing Intense Pressure,More

Saudi Arabia's East-West pipeline has been shut, creating a potentially material disruption risk for regional oil transportation and energy markets. The report also says Federal Reserve nominee Kevin Warsh is facing intense pressure, adding uncertainty around US monetary-policy leadership. No details were provided on the shutdown's duration, affected volumes, or the nature of the pressure on Warsh.

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