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Oil prices fell again Tuesday after news that Saudi Arabia is repairing a critical pipeline. Elsewhere, Paramount cleared the last obstacle to buying Warner Bros. Discovery, and a few mining stocks tied to Greenland had a wild couple of days.
 Why it’s happening: Let’s start with oil. Earlier this month, drones launched from Iraq hit a pumping station on Saudi Arabia’s East-West pipeline and shut the whole line down. That pipeline carries crude across the country to the Red Sea, which lets Saudi Arabia ship oil to Europe without sending tankers through the Strait of Hormuz.
European buyers were forced to pay sharply higher prices with the pipeline down, but now Saudi Aramco—the country’s state-owned oil company—is starting to move oil through it again. Aramco expects the line back at full strength in about six weeks.
In entertainment, Paramount can finally move ahead with its purchase of Warner Bros. Discovery. Twelve states settled their lawsuit against the deal on Monday. The company agreed to make at least 30 movies a year, spend $1.5 billion filming in the US over five years, and keep CNN and CBS News editorially independent. A judge still has to approve the settlement before the merger can close.
Shares of some small companies with projects in Greenland more than doubled Monday after the US, Denmark and Greenland reached a security agreement. The agreement is about military access, not mining, so investors seem to be betting that American attention on Greenland eventually helps these projects.
 What to watch today: Saudi Arabia wants to resume shipping oil through the pipeline this week. Any sign that’s happening should push prices down further. The Greenland agreement goes to New York, where the three countries are expected to sign it at the UN General Assembly.
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