Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in months.

Yemen’s Iranian-backed Houthi rebels are expanding their threat to shipping routes out of the Red Sea.

When Saudi term deliveries vanish, Orlen must replace crude via tenders—usually at higher spot prices—but refiners with scale and procurement leverage can protect margins by quickly switching slates and capturing wider crack spreads.

Brent crude falls below $99 amid US-Iran talks and Saudi pipeline hopes. New all-time high by September 30 at 0.5% YES.

Saudi Aramco has achieved the technical means for a partial restart on its strategic East-West Pipeline, which was significantly damaged in a drone