Saudi Pipeline Attack Sparks Oil Price Surge Amid US-Iran Conflict

A major oil pipeline in Saudi Arabia was shut down on September 13, 2026, following an attack that disrupted a key transport route intended to bypass the Strait of Hormuz.

The incident has contributed to rising oil prices as the ongoing conflict between the U.S. and Iran continues to create chaos in the shipping market and drive up crude oil, natural gas, and petroleum product prices.

Despite this challenging environment, Super Micro Computer Inc (SMCI) appears undervalued based on its Price-to-Sales ratio, which is significantly below its historical median of approximately 0.6x.