Fortune | The Saudi Iran Crisis Is Sending Oil Prices Higher Fortune Oil prices rose Monday after a breakdown in diplomatic ties between Saudi Arabia and Iran that some speculated could result in supply restrictions, although gains were tempered by data showing some of Asia's largest economies are struggling. Saudi ... Alberta's oil economy forced to 'recalibrate': economist Fall in oil price continues to hurt, not help global economy Rift Between Saudi Arabia and Iran Complicates Bid to Calm Oil Markets |