A major Saudi oil pipeline has been shut down after an attack blamed on Iran-backed groups. With diplomacy stalled and the Strait of Hormuz still disrupted, fears of a global supply crunch are growing, pushing fuel prices higher around the world.
Chapters:
0:00 Oil tops $100 as attacks hit Saudi energy routes
2:09 Christof Rühl on a growing energy crisis
4:11 Why oil shocks hurt less than in the 1970s
5:56 Diesel prices signal growing supply chain risks
7:31 Could Houthi attacks choke off vital global oil supplies?
9:12 Oil, inflation and the risk of a wider economic crisis
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