Global oil prices on Monday climbed to their highest level since May after Saudi Arabia shut down a key pipeline, choking worldwide crude supply and threatening to put upward pressure on U.S. gasoline prices. ↧ What does the closure of Saudi-Arabia's East-West pipeline mean for... The East-West pipeline closure pinches global oil supply, putting upward pressure on prices, analysts said.
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Global oil prices on Monday climbed to their highest level since May after Saudi Arabia shut down a key pipeline, choking worldwide crude supply and threatening to put upward pressure on U.S. gasoline prices.

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