Saudi oil
buyers and traders said Saudi Arabia will completely exhaust its export oil
reserves unless authorities restart the primary east-west pipeline to the Red
Sea within days, leading to a loss of up to 4 percent of global supply.
This
potential drop in Saudi shipments threatens to intensify an escalating global
supply crunch, which has already propelled fuel prices to record highs
worldwide, fueled global inflation, and driven US bond yields to their highest
marks since the 2008 fi...
