Oil’s next test: Saudi Arabia races to restore a key safety valve for prices
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Source: CNBC
Published: 2026-09-15 19:58 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran, Energy, Economy & Finance, Financial Markets, World News, Business & Economy
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Snippet:
The global oil market is running out of safety nets. Prices are unlikely to fall below $100 per barrel anytime soon, analysts said, with traders increasingly pricing in a significant loss of regional supply as Saudi Arabia scrambles to restore a crucial pipeline.
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