Peskov announced serious consequences of the failure of the oil pipeline in Saudi Arabia
The failure of an oil pipeline in Saudi Arabia led to the loss of over 4% of supplies from world markets.
Quick Look
Press Secretary of the Russian President Dmitry Peskov said that the failure of the oil pipeline in Saudi Arabia led to the loss of over 4% of global oil supplies, which will cause serious consequences and concern for world economies.
AI-generated summary
Why It Matters
The breakdown of an oil pipeline in Saudi Arabia has led to a reduction in supplies.
Brief retelling from RIA II
Peskov said that the failure of the oil pipeline in Saudi Arabia led to the loss of over 4% of supplies from world markets.
He noted that the situation could have the most serious consequences.
MOSCOW, September 14 - RIA Novosti. The breakdown of the oil pipeline in Saudi Arabia knocked out over 4% of supplies from world markets, which cannot but have the most serious consequences and cause concern for world economies, said Russian Presidential Press Secretary Dmitry Peskov.
“Only with the breakdown of oil pipelines in Saudi Arabia, over 4% of global supplies were knocked out of world markets. This cannot but have consequences, the most serious. And this cannot but cause concern for world economies,” Peskov told reporters.
Open Questions
- What are the reasons for oil pipeline failure?
- How quickly can supplies be restored?
