Japan refiners' crude stocks cover through November amid Saudi pipeline outage

Japan's refiners have secured crude supplies through November, according to PAJ, mitigating near-term supply risk from the temporary shutdown of Saudi Arabia's East-West pipeline after recent attacks. The halt of loadings at Yanbu adds uncertainty to Middle East crude flows, but Japan's buffer suggests limited immediate impact. The situation remains fluid as Saudi Arabia boosts shuttle shipping via the Strait of Hormuz.