Global oil prices spiked past $100 per barrel following reported attacks targeting Saudi Arabia’s key energy infrastructure.nnSatellite imagery indicated a massive fire along the East-West Petroline, a vital pipeline designed to bypass the Strait of Hormuz. The incident follows heavy missile barrages targeting southern Saudi cities.nnSource: NDTV Profit
Crude oil futures sustain prices above $100 per barrel amid Middle East supply risks
Global crude prices remained elevated above $100 per barrel on Monday as market traders digest ongoing maritime transit friction and regional energy security concerns.
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