Saudis shut key oil pipeline as Houthis tighten grip on Red Sea shipping It served as the main route out for global oil supplies of Middle East while the Strait of Hormuz has been largely shut by war. World 2 hours ago

Saudi leader asks for military help Oil prices shot up over the past week and the retail price of diesel in the United States surged past ​a record $6 a gallon, as the United States and Iran both fired on tankers and the Iran-aligned Houthis in Yemen advanced along the Red Sea, potentially extending disruption to another major oil route.

What you need to know: Baghdad dismisses military commander after confirming pipeline attack originated from IraqSaudi Arabia says it shut down East-West pipeline as a precaution after multiple attacks Saudi Arabia has shut down its East-West pipeline, after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher.

The apparent ⁠launch of the attack on the Saudi pipeline from Iraq puts additional pressure on the Baghdad government, which is unique in the region for maintaining close political and military ties with both the United States and Iran.