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War’s spread worsens oil disruption
ADEN/DUBAI: New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday, after an attack on a Saudi oil pipeline and an advance by Yemen’s Houthis threatened to worsen the wartime disruption to global energy supplies. Oil traders were expecting prices to rise again when markets reopen on Monday, following the weekend developments that jeopardise supplies from the world’s biggest exporter, Saudi Arabia. In the latest incidents in the Gulf, the British maritime security agency UKMTO said on Sunday that a vessel had been struck by a projectile as it moved throu...
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