Aramco halts October crude deliveries to some European refiners after pipeline attack, Bloomberg reports
Saudi Aramco has suspended crude oil deliveries to certain European refiners following an attack on a pipeline. The disruption affects monthly supply contracts for the upcoming month.
Why it matters
Energy supply disruptions can lead to increased fuel prices and economic instability in European markets.
European refiners typically buy Saudi crude under term contracts that guarantee monthly supplies, but Aramco has informed customers that…
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