Brent crude tops $108 after reported strike on Saudi East-West pipeline
Brent crude futures settled at $107.63/bbl, up $6.42 (6.34%), and US crude settled at $102.48/bbl, up 6.69%, after reports of a large fire at a pumping station on the Saudi East-West pipeline attributed to a Houthi strike. Traders linked the move to escalating Middle East and US-Iran tensions.
Detected & updated continuously · Source: Nebula
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@MerruX
Large fire coming from Pumping station on the Saudi East west pipeline. Doesn't look like flaring more like something was hit by houthis. Brent Crude passes 108 on this... https://t.co/rPfI1DXY8k
@blckchaindaily
🚨 US CRUDE OIL FUTURES SETTLE AT $102.48/BBL, UP $6.43 (6.69%)
@blckchaindaily
🚨 BRENT CRUDE FUTURES SETTLE AT $107.63/BBL, UP $6.42 (6.34%) $BNO $USO
@DeItaone
BRENT CRUDE FUTURES RISE BY $7 A BARREL AS US-IRAN CONFLICT INTENSIFIES
@zackfromsubway
🚨 $100+ OIL IS BACK. Brent crude is back above $100 as Middle East tensions escalate. That matters for crypto. Higher oil → higher inflation → fewer Fed cuts → higher yields → more pressure on risk assets. Bitcoin can’t ignore macro forever. Does $100+ oil kill the next