Aramco Closes East-West Pipeline, Yanbu Loadings Suspended as Brent Hits $108

Saudi Aramco closed its East-West pipeline after a Houthi attack, and Reuters, citing shipping sources, reported loadings suspended at Red Sea port Yanbu. Brent crude rose nearly 3% to $108 per barrel, remaining well over $100 as of Sept. 15. Aramco had increased Yanbu use since the U.S.-Israel war on Iran began in late February.