Yahoo News | Iran, Saudi Arabia tensions can't halt slide in oil prices Yahoo News FILE - In this Dec. 13, 2015 file photo the sun sets behind an oil pump in the desert oil fields of Sakhir, Bahrain. Oil futures spiked briefly on Monday, Jan. 4, 2016, after the news that Saudi Arabia would cut diplomatic ties with Iran, a development ... How will the Saudi-Iranian conflict affect oil? Oil prices reverse gains as supply worries weigh Speculators Shorting Crude Oil Cash Out to End `Great Year' |