Middle East oil flows stay strong despite Saudi East-West pipeline disruption

  • Middle East oil flows remained strong despite Saudi Arabia's East-West pipeline disruption.
  • JPMorgan analysts made the assessment in a Sept. 18 note.
  • Donald Trump told Fox News that major developments could come soon regarding the US-Iran war.

Middle East oil flows have remained surprisingly strong despite disruption to Saudi Arabia's East-West pipeline, JPMorgan analysts said in a Sept. 18 note. Tensions in the region continued to escalate after Iran-backed Houthis attacked Saudi Arabia with missiles and drones on Saturday. U.S. President Donald Trump told Fox News he was in a "deciding mode" and that "very big things" would happen in the near future regarding the US-Iran war.

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Middle East oil flows stay strong despite Saudi East-West pipeline disruption - CoinPost Terminal