New York (CNN) A cyberattack forced one of the top US fuel pipelines to shut down Friday, and analysts are worried the situation could result in a spike in gas prices. Colonial Pipeline executives have fully acknowledged the security breach, which has temporarily halted all pipeline operations and impacted IT systems. "Tennessee is also a primary supply concern, as it often runs out of gasoline during normal circumstances," he said. Andy Lipow, Houston-based oil consultant and President of Lipow Oil Associates, emphasized that the timeline is crucial. "Two days can be made up in orderly fashion," he said of the current shutdown.

Source: CNN May 09, 2021 20:37 UTC