sharon sanders
Editor-in-Chief & President
Diesel pushes to new all-time high as oil prices jump after key Saudi pipeline is shut
Talks between Iran and Gulf countries on the future of the Strait of Hormuz were also delayed, compounding investor worries.
more... https://www.nbcnews.com/business/bu...e-shut-hormuz-talks-postponed-iran-rcna597579
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Bloomberg on their live broadcast is saying the repairs will take several weeks.
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Saudi Arabia Shuts Down Pipeline That Was a Crucial Hormuz Bypass
The kingdom said drones fired from Iraq damaged the East-West pipeline, which can carry up to 7 million barrels of oil a day
By
Summer Said
,
Georgi Kantchev
and
Saleh al-Batati
Updated Sept. 11, 2026 4:46 pm ET
Talks between Iran and Gulf countries on the future of the Strait of Hormuz were also delayed, compounding investor worries.
more... https://www.nbcnews.com/business/bu...e-shut-hormuz-talks-postponed-iran-rcna597579
------------------------
Bloomberg on their live broadcast is saying the repairs will take several weeks.
-------------------------
Saudi Arabia Shuts Down Pipeline That Was a Crucial Hormuz Bypass
The kingdom said drones fired from Iraq damaged the East-West pipeline, which can carry up to 7 million barrels of oil a day
By
Summer Said
,
Georgi Kantchev
and
Saleh al-Batati
Updated Sept. 11, 2026 4:46 pm ET