Saudi Shuts East-West Oil Pipeline After Attacks, Injuring Several

Saudi authorities halted operations on the critical East-West oil pipeline after it sustained multiple attacks on Thursday morning in the Riyadh and Medina areas, resulting in injuries. The pipeline was stopped as a precautionary measure. This escalation of regional tensions, particularly impacting a major oil producer, could lead to a surge in international crude oil prices and potentially boost safe-haven demand for gold, influencing local gold rates and the USD/PKR exchange rate.

بحوالہ / Source: www.brecorder.com