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Middle East oil exports near pre-war levels on US aid, shuttle tankers, pipeline bypasses
BBC NewsLO·US · IR·3 days ago
Petroecuador declared an emergency at its Sote pumping station following a fire, citing protection of company and state interests. The incident threatens Ecuadorian crude oil exports, as Sote is a key export terminal. Extent of damage and impact on output remain unclear.
Petroecuador has declared force majeure on the SOTE pipeline following a fire at Pumping Station No. 4 in Baeza on October 1, 2026. This incident has disrupted SOTE pipeline operations and threatens Ecuadorian crude oil exports, though the extent of damage and impact on output remain unclear. Confidence in the declaration of force majeure is Medium-High.