Oil Tops $100 as Iran War Forces More Gulf Giants to Cut Output


More major energy infrastructure was threatened over the weekend, with Saudi Arabia intercepting and destroying drones heading to the 1-million barrel a day Shaybah oil field. Last week, the kingdom was forced to halt operations at the Ras Tanura refinery, the country’s biggest, and is seeking to divert barrels to its Red Sea ports for export after the Hormuz closure.



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