Oil Price Surge Sparks Fears of Global Supply Disruptions The recent drone attacks on Saudi Arabia's east west pipeline have sent shockwaves through the global energy market, driving oil prices above $108 a barrel.
The 745 mile pipeline, which has become increasingly vital to the kingdom's exports, is now out of service due to damage from the strikes.
This development raises critical questions about the resilience of the world's most important oil producing nations and their supply chains.