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Belgium Energy Minister Prioritizes Supply Security Amid Market Storm
Le SoirLO·BE · UA·2 days ago
Saudi Aramco has halted oil supplies to European refineries following damage to a Saudi pipeline, exacerbating a fuel shortage in France where 10% of petrol stations are dry. The disruption signals a supply shock to European energy markets, with unclear duration and impact on global crude prices.
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Saudi Aramco has suspended October oil deliveries to European refineries following a drone attack on its East-West pipeline. This disruption is exacerbating existing fuel shortages in Europe, particularly in France, and is driving diesel prices to historic highs in several European countries. The extent of pipeline damage and the duration of the supply halt remain unclear.