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Saudi Pipeline Outage Hits an Oil Market Running Out of Buffers
The war in Iran that had to be over and won by the United States in about six weeks is now in its seventh month and the oil markets are starting to crack.
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The war in Iran, which U.S. officials had expected to conclude within six weeks, has extended into its seventh month, and oil markets are beginning to feel the strain as the earlier buffers that had supported prices have largely disappeared.
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