Oil advanced after Saudi Arabia shut a major crude pipeline following attacks, disrupting a route that’s been used to bypass the Strait of Hormuz during the US-Iran war and deepening a global energy crunch. Global benchmark Brent rose toward $108 a barrel, after rallying almost 9% last week, while West Texas Intermediate was near $103. European natural gas also gained, surging as much as 3.8%.

Saudi Arabia said late on Friday that it had halted the East-West pipeline as a precaution after attacks the previous day. There’s been no indication of when operations will resume.\n\nBloomberg Economics’ Ziad Daoud warned that prolonged disruption could tighten global energy supplies further, emphasizing the strategic importance of the East-West Pipeline in maintaining energy flow amid regional instability. The shutdown underscores ongoing vulnerabilities in global oil infrastructure.\n\nThe update was published on September 13, 2026, at 10:01 PM UTC and revised at 10:28 PM UTC, reflecting real-time market responses to geopolitical developments in the Middle East.