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Drone strike on Saudi East-West Pipeline may cut 4% of global oil supply
Middle East Eye·SA · IR·2 days ago
Saudi Arabia has notified some European refineries that September-loading crude deliveries are canceled following the shutdown of the East-West pipeline. The pipeline closure disrupts Saudi export capacity to Europe, tightening supply in the Atlantic Basin. The duration of the shutdown and the volume of canceled cargoes remain unclear, but the move signals a supply-side shock to European crude availability.
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