Saudi Pipeline Stays Offline; Trump Clashes With Tech Giants The latest developments in global oil markets have sent shockwaves through the industry, as the ongoing outage at a key Saudi pipeline continues to disrupt supplies and send prices soaring.
Meanwhile, President Trump has signed an executive order targeting major tech companies, sparking a fierce backlash from their CEOs. What's Behind the Pipeline Outage?
The reason for the pipeline outage is attributed to technical issues and human error. The affected pipeline carries approximately 7% of the world's total oil exports.