Breaking Posted 6 hours ago

Oil Surges as Saudi Pipeline Closes After Attacks

News
Saudi Arabia shut a major crude pipeline following attacks, pushing oil prices higher and lifting USD/CAD and energy-linked currencies. Geopolitical supply disruptions remain priced as structural risk; markets have absorbed similar escalations repeatedly.
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Latest Updates

6 hours ago

US Oil Surges Toward $105/Barrel, Up 56% in 10 Weeks

Crude oil rallies to its highest level since May 18th, gaining 56% over ten weeks as energy costs accelerate. Rising oil prices feed into PCE inflation expectations, the Fed's preferred gauge now at 3.7% versus the 2% target—a key factor in the Fed's rate-decision calculus. USD typically strengthens on inflation concerns and hawkish rate hold expectations.

https://x.com/KobeissiLetter/status/2099484057214054753
6 hours ago

Saudi Arabia's East-West Pipeline Closes, Cuts 5% Global Oil

Saudi Arabia's 1,200km East-West pipeline shut temporarily, removing up to 5% of global oil supply. Oil prices likely to spike, supporting commodity-linked currencies (CAD, NOK, RUB) and pressuring energy-importing economies; USD may weaken if oil rally stokes inflation concerns offsetting Fed tightening focus.

https://www.aljazeera.com/news/2026/9/14/why-saudi-arabias-east-west-pipeline-matters-for-global-oil?traffic_source=rss
3 hours ago

Houthis control Red Sea strait; oil supply risk rises sharply

Houthi forces now control Yemen's entire Red Sea coast and the Bab el-Mandeb Strait, threatening ~9% of global crude oil flows (9M barrels/day). Brent crude rallies toward $110/barrel. Oil-linked currencies—particularly NOK, CAD, RUB—face upward pressure; USD may strengthen on risk-off flows and higher energy inflation expectations.

https://x.com/KobeissiLetter/status/2099532123405226219
2 hours ago

Saudi Arabia Shuts Major Pipeline After Attack, Oil Rallies

Saudi Arabia closed a key crude pipeline following attacks, disrupting a critical route that bypasses the Strait of Hormuz. Oil prices surged on fresh supply-disruption risk. Traders monitor USD/JPY and commodity-linked pairs (AUD/USD, CAD/USD) as energy volatility typically strengthens safe-haven flows and weakens commodity currencies.

https://www.bloomberg.com/news/videos/2026-09-14/saudi-pipeline-shutdown-brings-fresh-supply-risk-video
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@brenda_lesotho · 3 hours ago

The entire reason the Saudis (and most of OPEC) used the petrodollar system was that the US would protect them.... and trump proved the US cannot protect them. trump's blunder will collapse the mechanism propping up the USD

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@george_kramer · 3 hours ago

You can see the smoke from satellite imagery, several sections were damaged, its gonna be an expensive Christmas

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@arthur_wildberry · 3 hours ago

Trump supporters will still come here to defend him

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Electing Trump was a mistake

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@arthur_wildberry · 3 hours ago

What of draft dodging Bill Clinton?

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@pierre_r_carosso · 3 hours ago

AT least Bill Clinton left office with a surplus

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@chris_4eva · 3 hours ago

Still beats electing the alzhiemer ridden politician with 50 years in DC labeled "the candidate of change".

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@yokoyi · 3 hours ago

Not again

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