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Crude Oil Surges Amid Mounting Middle East Supply Disruption Concerns
Source: Nasdaq
Energy Markets & PricesGeopolitics & WarInfrastructure & DefenseCommodities & Raw Materials
Crude oil prices surged Monday after Saudi Arabia confirmed it closed its East-West pipeline following attacks by Houthi militants. The disruption reverses part of Friday's oil-price pullback and raises supply-security risks in a key global energy-producing region.
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