Aramco Halts October Crude Shipments to Europe After Pipeline Damage
Saudi Aramco has suspended crude oil deliveries to European refiners for October following a drone attack on its critical East-West pipeline. The 1,200-km pipeline, which transports 4-5 million barrels daily, suffered damage to three pumping stations. This halt affects all European buyers under term contracts, forcing them to seek alternative supplies. The disruption represents a significant portion of global oil supply, exacerbating concerns amid ongoing regional conflicts.