Saudi Aramco suspends European crude shipments after Red Sea pipeline attack
TL;DR
Saudi Aramco told at least two European refiners they will receive no crude next month after a drone attack damaged the East-West pipeline to the Red Sea. The disruption, which shut the 1,200-km line carrying about 4–5 million barrels per day (roughly 4–5% of global supply), also halts European imports of about 577,000 bpd via Egypt’s Sidi Kerir. Deliveries are tied to term contracts, and officials say the pipeline could begin partial restart within days and be fully recovered in six weeks.
- Saudi Aramco halts crude oil supply to European customers Investing.com
- Saudis Tell European Refiners They’ll Get No Crude Next Month Bloomberg.com
- Poland's Orlen buys 16 extra crude cargoes to cover Saudi disruption reuters.com
- Aramco Hunts for Fuel Supply in the Med Rigzone
- 'No crude oil next month', Saudi Aramco tells some European refiners after Red Sea pipeline attack timesofindia.indiatimes.com
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