The GuardianLean L·
First Thing: Oil prices surge as attacks on Saudi Arabia stoke supply fears
Strike on kingdom’s east-west pipeline could affect 4% of global oil supply. Plus, report reveals British monarchy’s role in financing slave trade Good morning. Oil prices have climbed above $108 a barrel after a series of drone attacks from Iraq’s territory forced Saudi Arabia to close its east-west crude pipeline. Saudi traders said the kingdom would run out of oil stocks for export if it did not reopen within days. Gas prices also climbed higher. Energy prices have surged this year, as the U…
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