Saudi Aramco Cuts Off Crude Supplies to Europe in October
Saudi Aramco has informed its European customers that it will not supply any crude oil under long-term contracts in October. This move follows a drone strike on Saudi energy infrastructure, which forced the company to shut down its East-West Pipeline. The pipeline is a critical route for Saudi oil exports as it provides an alternative to the Strait of Hormuz.
The cancellation affects all European buyers, according to sources familiar with the decision. Aramco has not publicly commented on the reported October cancellations. This disruption adds to earlier supply disruptions caused by attacks on Saudi energy infrastructure.