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Saudi Aramco halts crude supply to European buyers for next month
BBC Persian·SA · DE · NL·about 9 hours ago
Saudi Aramco will not supply crude to European refineries in October, per Bloomberg sources. This marks a deviation from normal supply patterns, likely reflecting tighter global supply or strategic allocation. The move could tighten European crude availability and support prices, though the underlying cause remains unconfirmed.
Saudi Aramco has cancelled all October crude allocations to European refiners following a drone attack on the East-West pipeline. This action redirects approximately 60 million barrels of crude through the Persian Gulf, impacting European supply balances. The duration of the pipeline outage and the full extent of damage remain uncertain.