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Sources indicate that Saudi Aramco informed at least two European refineries that it will not provide oil to them in October due to an assault on a vital Saudi oil pipeline close to the Red Sea; this decision impacts all European clients.
Saudi Aramco has not confirmed the details yet.
Last week, a drone strike targeted Saudi Arabia's vital East-West Pipeline, resulting in a suspension of its operations. Bloomberg sources indicated that there are plans to partially resume the pipeline in a few days and completely restore it within six weeks.
The East-West Pipeline—stretching 1,200 kilometers and capable of transporting around 7 million barrels daily—was utilized to move Saudi oil to the Red Sea port of Yanbu, facilitating shipments to clients while avoiding the Strait of Hormuz.
Reports from Western media indicated that two pumping stations that support the pipeline were impacted by the drone strikes.
source: bloomberg.com
Saudi Aramco has not confirmed the details yet.
Last week, a drone strike targeted Saudi Arabia's vital East-West Pipeline, resulting in a suspension of its operations. Bloomberg sources indicated that there are plans to partially resume the pipeline in a few days and completely restore it within six weeks.
The East-West Pipeline—stretching 1,200 kilometers and capable of transporting around 7 million barrels daily—was utilized to move Saudi oil to the Red Sea port of Yanbu, facilitating shipments to clients while avoiding the Strait of Hormuz.
Reports from Western media indicated that two pumping stations that support the pipeline were impacted by the drone strikes.
source: bloomberg.com
