Oil Prices Fall Amid Strong Middle East Crude Flows Despite Pipeline Disruption
Oil prices fell Monday amid strong crude flows out of the Middle East, despite a disruption to Saudi Arabia's East-West pipeline. JPMorgan analysts noted that oil shipments have remained resilient at an average of 17.1 million barrels per day over the past ten days—6.1 million below the 2025 average—but still sufficient to ease immediate concerns. Tensions in the region remain high following attacks by Iran-backed Houthis on Saudi Arabia with missiles and drones, which raised fears about supply disruptions. U.S. President Donald Trump hinted at potential escalations in US-Iran relations during a Fox News interview, stating he is considering
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Topics: Middle East tensions oil prices supply chain U.S.-Iran relations