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Saudi Aramco cancels October crude allocations to European refiners after pipeline shutdown
Anadolu Agency EN·SA · EU·about 12 hours ago
Saudi Aramco has halted October crude deliveries to some European refiners, including Poland's Orlen, following a pipeline attack. Orlen is seeking alternative supplies, with traders reporting purchases of North Sea grades. This disruption tightens European crude supply and highlights infrastructure vulnerability, though the extent and duration of the halt remain uncertain.
Entities
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.