Oil prices climb again to $107 after a pipeline closure in Saudi Arabia
World1 source1 country🔦 Under-reported20m ago
The price of Brent crude oil rose to 107 dollars per barrel, a 2.3% increase, following the temporary closure of Saudi Arabia's East-West pipeline announced this past Saturday. The shutdown has triggered volatility in global energy markets ahead of the opening of European stock exchanges.
The pipeline closure follows reports of attacks originating from Iraqi territory. While the United States has stated that Tehran is "probably" responsible for the aggression, Iranian authorities have formally denied any involvement in the incident.
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How the coverage differs
Same story, different emphasis — here's what each outlet chose to lead with.
Infobae (AR) - Pipeline ClosureFocuses on market impact and rising oil prices
Infobae (AR) - Iran DenialFocuses on geopolitical tensions and diplomatic denials