Oil prices fall as Saudi pipeline restarts after Houthi attacks

Summarised from 2 outlets · Updated 23 Sept, 08:20

Oil prices have dropped below $100 per barrel as Saudi Arabia prepares to restart a pipeline damaged by Houthi attacks.

Oil prices are in decline, falling for a sixth consecutive session. Saudi Arabia is restarting an east-west pipeline that was damaged earlier this month. The Guardian reports that hopes for progress in US-Iran talks are also supporting lower prices.

How it is being reported

• Oil prices fall in longest losing streak in a year on hopes of progress in US-Iran talks – business liveGuardian Business · 23 Sept, 07:39
• Oil prices back below $100 per barrel; Saudi pipeline to restartUPI · 22 Sept, 15:11

In this story: Saudi Arabia · Houthi · United States · Iran

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem